IFRS 17
IFRS 17 is the newest IFRS standard for insurance contracts and replaces IFRS 4 on January 1st 2022. It states which insurance contracts items should by on the balance and the profit and loss account of an insurance company, how to measure these items and how to present and disclose this information.
Mainly to make the financial statement easier to compare across insurance companies and among industries. Though it is a big change for insurance companies as data administration, financial presentation and actuarial calculations will need to change! This website will help you to understand the different topics.
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Join the upcoming #IFRS17 #webinar to learn how to confidently handle the new #accounting standard.
Begin your journey towards IFRS17 #compliance. We hope to see you there!
https://t.co/Y8d4aA4hCh
Date: April 4th, 2023
Time: 12:00 PM - 01:00 PM GST
#SAMCorporate
Certificato internazionale di analista finanziario assicurativo IFRS17
L’#IFRS17 è entrato in vigore a partire dal 1° gennaio 2023 e rappresenta una rivoluzione nel modo in cui i #bilanci (ri)assicurativi vengono percepiti e interpretati.
https://t.co/K35IAeVw2e
#IFRS
IFRS 17 International #Certificate
IFRS 17 represents a #revolution in the way (re)insurance #Financial statements are perceived and interpreted. The new #standard became effective on January 1, 2023.
https://t.co/9LJk2kE3n6
#ifrs17 #insurance #reinsurance #Finance #Course
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Short Introduction
IFRS 17 in 3 Minutes
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IFRS 17 will have impact on
Reporting
Big changes in the P&L and the balance, with new components, like the risk adjustment and the CSM
Organisation
Interaction is needed between IT, actuarial and financial departments to be able to report timely.
IT
Data needs to be administrated on lower level with more history while systems need to run fast(er).
Timelines
