Course Outline


  • 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


  • 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


  • An understanding of basic accounting principles


  • Insurers
  • Controllers
  • Analysts
  • Actuaries
  • Auditors
  • Accountants and other finance professionals
  21 Hours


Related Courses


  7 hours

FinOps Certified Practitioner (FOCP) Preparation

  14 hours

FinOps For Engineers

  14 hours

Open Bank Project for Developers

  14 hours

Learning Xero

  14 hours

GnuCash for Business Accounting

  7 hours

Introduction to Fixed Income

  14 hours

A Practical Guide to Successful Pricing Strategies

  7 hours

Basics of Customizing for Financial Accounting: GL, AP, AR in SAP S/4 HANA (S4F12)

  35 hours

Investment Banking: Introduction to Structured Products

  21 hours

Financial Markets

  14 hours

Financial Markets and Trading

  14 hours

Anti-Money Laundering (AML) and Combating Terrorist Financing (CTF)

  14 hours