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Course Outline
Introduction
- The path from IFRS 4 to IFRS 17
Overview of IFRS 17
- Changes from IFRS 4 to IFRS 4
Insurance Contracts
- Reading an Insurance Contract
- Separating out non-insurance items
- Identifying insurance risk
- Organizing contracts into units of account and portfolios
Financial Statements
- Understanding the General Measurement Model
- Grouping entries into blocks
- Other accounting models
- Disecting a real-world financial statement
Measurement Approaches
- Initial recognition
- Subsequent measurement
- Premium allocation approach
Managing Contract Types
- Reinsurance contracts
- Direct participation contracts
- Discretionary participation contracts
- Modified contracts
- Derecognition of an insurance contract
Transitional Rules and Approaches
- Fully retrospective
- Modified retrospective
- Fair value
Disclosures
- Understanding the disclosure regime in IFRS 17
- New data requirements
- Other compliance issues
Transitioning to IFRS 17
- Assessing the scope of an IFRS 17 transition
- Putting together an implementation team
- Preparing a transition plan
- Creating and maintaining a schedule
Transparency and Profitability
- Identifying and measuring insurance contract performance
- Improving transparency in contracts and reporting
- Increasing the profitability of an insurance company
Summary and Conclusion
Requirements
- An understanding of basic accounting principles
Audience
- Insurers
- Controllers
- Analysts
- Actuaries
- Auditors
- Accountants and other finance professionals
Testimonials
real exemples of the trainer
Joana Gomes
Trainer, Richard was very good
Lisa Johansen
The trainer was very knowledgeable and well prepared. I think we was very well capable to prepare a training that was suitable for our needs.
Sophia van den Broek - Triple Jump
It was a one to one session so I was able to ask specific questions relating to my own company needs. The course covered the topic really well and gave me many ideas and actions to take away
Hazel Matthews
The whole day was just great and relaxed which really helped. All the printouts really helped.
Louise Mackrell
She was very personable and presented a fluid delivery of the course material.
Karli Buckle
Vajitha was engaging, very knowledgeable, clear and prepared
Cécile McNeil
activity after each topic
JOCELYN BARTOLOME - Innovative Investors & Financing Co., Inc.; Innovative Investors & Financing Co., Inc.
all the topics are all informative and related to our daily life and work . so its really very helpful and useful .
EMMA GABRIEL - Innovative Investors & Financing Co., Inc.; Innovative Investors & Financing Co., Inc.
I obtained a lot of information in my line of work most especially about leadership and how our system works
HERMAN TENORIO - Innovative Investors & Financing Co., Inc.; Innovative Investors & Financing Co., Inc.
personally i am blessed and thankful because i was given the opportunity to gain knowledge... (all topic & subj. matter)
Innovative Investors & Financing Co., Inc.; Innovative Investors & Financing Co., Inc.
The most like about the training is about the workshop so that we apply what i have learn about the topic
Janette Base - Innovative Investors & Financing Co., Inc.; Innovative Investors & Financing Co., Inc.
Doing the case study was particularly helpful.. The self awareness bit was an eye opener.. all in all a great training session.
Zandrea Cabal - Innovative Investors & Financing Co., Inc.; Innovative Investors & Financing Co., Inc.
the group activity
Innovative Investors & Financing Co., Inc.; Innovative Investors & Financing Co., Inc.
CAMPARI / TRUST FORMULA
VIRNA INTAL - Innovative Investors & Financing Co., Inc.
I like the application cases wherein every topic, she has exercises to apply what we have learned.
CRISTINA MEDINA - Innovative Investors & Financing Co., Inc.
The lecturer is very knowledgeable and can substantiate theories with his own personal experiences.
Harry Estipona
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