Love it or loathe it, IFRS 17 is on its way
20 Jul 2017 - online - 11:00
Understanding the new reporting standard for insurance contracts
Join our free 45 minute webinar
You’d have been hard-pushed to have missed it but, in case you did, IFRS 17 is here. After more than a decade in the making, the International Accounting Standards Board has now published International Financial Reporting Standard 17: Insurance Contracts.
While it is an accounting standard, it’s not just for accountants. The complexity of calculations and amount of judgement required on methodology and processes mean that actuarial teams will be involved in financial reporting much more than ever before.
And although the effective date of 1 January 2021 might seem far off, the changes introduced by IFRS 17 and the effort required for implementation will be significant. So now is the time for firms to drill into the detailed requirements of the new standard and to understand the wide-ranging implications across the business.
During this webinar we will:
Analyse the new standard, summarising some of the key points you need to be aware of
Discuss some of the major operational and strategic impacts
Give you the opportunity to share your thoughts and questions with our team and your peers
Who should attend this webinar?
- Finance managers, directors and actuaries working within the life industry
Those interested in insurance industry regulation and financial reporting developments
Stephen Makin, Partner, Head of Life & Financial Services, Scotland
Elaine Murphy, Senior Consulting Actuary
Andrew Scott, Senior Consulting Actuary
Yaryee Wong, Consulting Actuary
Opportunity for questions