Master IFRS 17 implementation and reporting for insurance contracts.
| Date | Venue | Duration | |
|---|---|---|---|
| 24 - 28 August 2026 | Sandton | 5 Days | |
| 05 - 09 October 2026 | Cape Town | 5 Days | |
| 16 - 20 November 2026 | Nairobi, Kenya | 5 Days |
IFRS 17 represents one of the most significant changes to insurance contract accounting in decades, fundamentally altering how insurers report, measure, and disclose their financial results. This intensive 5-day training course provides a comprehensive, practical journey through IFRS 17, covering all key concepts, measurement models, revenue recognition, and integration with related standards such as IFRS 9, IFRS 15, IAS 8, and IAS 37. Participants will engage in interactive lectures, hands-on Excel exercises, real-world case studies, and group discussions, building practical skills to apply IFRS 17 in their organisations.
By the end of the IFRS 17 Implementation and Reporting Workshop, delegates will be able to interpret and implement IFRS 17 requirements, produce compliant financial statements, and make sound professional judgements in complex scenarios.
This IFRS 17 Implementation and Reporting Workshop is ideal for accountants, auditors, finance managers, actuaries, and anyone involved in the preparation, audit, or analysis of insurance contracts under IFRS.
By the end of this 5-day IFRS 17 Implementation and Reporting Workshop, participants will be able to:
Understand the core principles and objectives of IFRS 17, including its scope, key definitions, and fundamental measurement models (BBA, PAA, VFA).
Apply IFRS 17 measurement techniques for insurance contracts, including cash flow discounting, risk adjustment, and calculation of the Contractual Service Margin (CSM).
Recognise and account for insurance revenue, including unit-linked products and integration with IFRS 15 requirements for revenue from contracts with customers.
Integrate related IFRS standards (IFRS 9, IAS 8, IAS 37) with IFRS 17, addressing financial instruments, policy changes, estimates, provisions, and contingent liabilities.
Build, analyse, and present end-to-end financial models for insurance businesses, including preparation of financial statements and IFRS-compliant disclosures.
Exercise sound professional judgement in selecting accounting policies, handling complex transactions, and preparing for external audit or regulatory review.
Collaborate effectively in teams to solve practical case studies and share insights into IFRS 17 implementation challenges and best practices.
This IFRS 17 Implementation and Reporting Workshop is designed for professionals working within insurance, reinsurance, and financial services who are directly or indirectly involved in the preparation, reporting, auditing, or analysis of financial statements under IFRS 17. It is particularly valuable for:
Accountants & Finance Managers – responsible for preparing IFRS-compliant financial statements and managing reporting processes.
Auditors & Assurance Professionals – reviewing insurance contract accounting and ensuring compliance with IFRS 17 requirements.
Actuaries & Risk Specialists – engaged in modelling cash flows, calculating risk adjustments, and supporting financial reporting.
Financial Controllers & Reporting Teams – implementing IFRS 17 systems, policies, and disclosures.
Regulators & Compliance Officers – overseeing the adoption and monitoring of IFRS 17 reporting standards.
Consultants & Advisors – supporting insurers and financial institutions with IFRS 17 implementation projects.
Systems & Data Specialists – involved in integrating IFRS 17 requirements into reporting systems, actuarial models, and IT frameworks.
Insurance Executives & Business Leaders – seeking to understand the strategic, financial, and operational impact of IFRS 17 on their organisations.
Whether you are in accounting, actuarial, audit, risk, or finance leadership, this course will equip you with the technical knowledge and practical tools to navigate IFRS 17 implementation and reporting effectively.
Our diverse instructional approaches ensure effective learning:
– Lectures & Presentations: Engage with expert-driven, stimulating content.
– Course Material: Access well-crafted supporting resources.
– Group Work: Collaborate on discussions and case studies for practical insights.
– Workshops & Role-Play: Participate in immersive, scenario-based activities.
– Practical Application: Focus on applying theoretical knowledge in real situations.
– Post-Training Support: Receive extensive support after training for skill implementation.
Day 1: Introduction to IFRS 17 – Core Concepts & Models
Welcome & Course Overview
IFRS 17 Scope and Key Definitions
IFRS 17 Measurement Models: General Model (BBA), PAA, VFA
Practical Exercise: Classify Sample Insurance Contracts
Case Study: CSM & Fulfillment Cash Flows
Q&A & Day 1 Wrap-Up
Day 2: IFRS 17 Measurement – Risk, Discounting, and CSM
Recap Day 1
Discounting Cash Flows & Financial Risk
Risk Adjustment Methods
Practical: PV, FCF, CSM & Risk Adjustment
CSM Release & Journal Entries
Q&A & Day 2 Wrap-Up
Day 3: IFRS 17 Revenue Recognition & Unit-Linked (VFA) / IFRS 15
IFRS 17 Revenue Recognition Principles
Unit-Linked Products & VFA
IFRS 15 Introduction & Revenue Recognition for Insurance Services
Practical Exercise: Allocate Premiums to Funds & Calculate Fees
Prepare IFRS 17 & 15 Disclosure Notes
Q&A & Day 3 Wrap-Up
Day 4: Related IFRSs – Accounting Policies, Estimates, Liabilities, Provisions, Financial Instruments
IAS 8 – Accounting Policies, Changes in Estimates & Errors
IFRS 9 – Financial Instruments Overview
IAS 37 – Liabilities, Provisions & Contingent Liabilities
Practical Exercise: Integrate IFRS 17 with IFRS 9 & IAS 37
Group Discussion: Accounting Policy Selection & Professional Judgement
Q&A & Day 4 Wrap-Up
Day 5: Consolidated End-of-Training Practical Case Study
Recap of IFRS 17 & IFRS 15 Concepts
End-to-End Financial Model Overview
Practical Exercise: Build Consolidated Insurance Model
Complete Financial Statements & Disclosures
Group Presentations & Review
Course Wrap-Up & Best Practices
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