Course Overview
The IFRS 17 Insurance Contracts Certification Training is a comprehensive, self-paced online professional training course designed to build practical, job-ready expertise in IFRS 17. It explores IFRS 17, General Measurement Model, PAA, VFA and Contractual Service Margin and equips you with the skills to understand the scope and objectives of IFRS 17, apply the general measurement model and apply the premium allocation and variable fee approaches. Delivered 100% online and fully self-paced, this IFRS 17 course lets you learn anytime and at your own pace, with expert-developed content, real-world case studies, practical exercises and downloadable resources. It is ideal for finance & accounting professionals and auditors & analysts, and for anyone looking to strengthen their skills, accelerate their professional development and advance their career in Finance, Accounting & IFRS. On completion you earn a recognised, CPD-eligible Certificate of Completion.
Course Description
The IFRS 17 Insurance Contracts Certification Training combines expert knowledge with practical, real-world application. It is suitable for finance & accounting professionals, auditors & analysts, reporting & compliance staff and finance certification candidates, and for other professionals seeking to develop their expertise and advance their careers in Finance, Accounting & IFRS.
The course examines the core principles, tools and techniques of IFRS 17, and develops the practical capabilities required to understand the scope and objectives of IFRS 17, apply the general measurement model and apply the premium allocation and variable fee approaches.
What's Included:
- Comprehensive IFRS 17 training
- Coverage of the key Finance, Accounting & IFRS knowledge areas
- IFRS 17 Overview
- General Measurement Model
- PAA & VFA
- Subsequent Measurement
- Presentation & Disclosure
- Implementation
- Practical case studies and real-world workplace scenarios
- Interactive exercises and applied learning activities
- Downloadable templates, tools and resources
- Practical application of IFRS 17 concepts
- CPD-eligible Certificate of Completion
Key Skills Gained in the Course
Participants will develop skills in:
- IFRS 17
- General Measurement Model
- PAA
- VFA
- Contractual Service Margin
- Insurance Disclosures
- IFRS 17 Overview
- PAA & VFA
- Subsequent Measurement
- Presentation & Disclosure
- Implementation
- Stakeholder communication and engagement
- Analytical and critical thinking
- Strategic decision-making
- Applying professional best practice
- Driving continuous improvement
Course Key Features
Understand the scope and objectives of IFRS 17
Apply the general measurement model
Apply the premium allocation and variable fee approaches
Account for the contractual service margin and onerous contracts
Prepare IFRS 17 presentation and disclosures
Understand the systems and data implications
Ready to Transform Your Career?
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Who Usually Attend
Finance & Accounting Professionals
Accountants, controllers and finance staff applying reporting standards.
Auditors & Analysts
Internal and external auditors and financial analysts.
Reporting & Compliance Staff
Professionals responsible for financial reporting and compliance.
Finance Certification Candidates
Those advancing their finance and accounting credentials.
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Contact UsCourse Outline
Scope and key concepts
Level of aggregation
Contract boundaries
Fulfilment cash flows and risk adjustment
Discounting
Contractual service margin
Premium allocation approach
Variable fee approach
Choosing the right model
CSM release and unlocking
Onerous contracts
Reinsurance held
Statement presentation
Disclosure requirements
Transition approaches
Data, actuarial and systems
Process and controls
Common challenges
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100% Pass Rate
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