Leoron logo

Shopping cart

CLOSE

Total:

AED 18.300

Home All Courses IFRS 17: Insurance Contracts
4.8

IFRS 17: Insurance Contracts

1 alternative location(s) available

Course Overview

This intensive, highly practical three-day program will provide attendees with all the tools they need to be effective, impactful and influential the IFRS 17 implementation for insurance companies.
Each day will involve input and practice and will conclude with a full exercise to ensure the IFRS 17 knowledge is well understood and participants will be able to apply it in their work environment.

01

05

Run This Course

Enjoy this certified

program at your premise of choice, with lower costs, and schedule that suits you best.

FULLY CUSTOMIZED

ACCORDING TO YOUR NEEDS!

5 Key Takeaways

1

Understand the requirements for transition to IFRS 9 Financial Instruments for insurance companies

Understand the transition requirements in IFRS 17

2

3

Analyze the presentation and disclosure requirements in the financial statements

Understand the changes in IFRS 17 from the current IFRS 4 Insurance Contracts

4

5

Appreciate the accounting methodology prescribed in IFRS 17 and evaluate its impact on the financial statements

02

05

See What’s Inside Our 2021 Catalog

Course Outline

DAY 1

  • Introductions, group dynamics and getting to know you
  • General Model / Building Block Approach (BBA)
  • Fulfillment Cash Flows
  • Risk Adjustment
  • Confidence level techniques
  • Cost of Capital method
  • Coverage Units
  • Contractual Service Margin
  • Cohorts
  • Reinsurance contact issues and held
  • Insurance contract boundaries
  • IFRS 17 Reporting

DAY 2

  • OCI option
  1. IFRS 9 vs IFS 17
  • Full Retrospective Approach
  • Modified Retrospective Approach
  • Fair Value Approach
  • Variable Fee Approach
  1. Explanation
  2. Examples
  3. Exercise
  • Premium Allocation Approach (PAA)
  • PAA Materiality assessment
  • PAA vs general model

DAY 3

EDUCATIONAL PARTNER

LEORON - Professional Development Institute

Built upon the strong experience in the manufacturing sector, which the founders developed in Sweden during the 90’s global expansion, LEORON evolved into a comprehensive training institute, offering training and development solutions in all strategic corporate functions, including corporate finance, HR, SCM, operations, and engineering.

With strategic distribution of our offices in leading locations, such as Dubai, Riyadh, Jonkoping, Skopje, Accra, and Almaty, our team of experts delivers approximately 500 courses annually, and roughly 10000 professionals are equipped with appropriate education and the latest insights in a wide assortment of industries across the EMEA region.

03

05

Introducing LEORONʼs mobile app!

Ta3leem

Your Professional Development

Institute in the palm of your hand!

WEBADVISOR • MOODLE • COURSE SCHEDULE •

COURSE CATALOG • STUDENT SERVICES • AND MORE!

NOW AVAILABLE

Who Should Attend?

This highly practical and interactive course has been specifically designed for:

Anyone who needs to advance their competences in IFRS 17 for their current or future role to an advanced level.

04

05

05

05

Reviews

Submit Review

Overall rating *

Add a photo

REVIEW SUBMITED-THANK YOU

We are processing your review. This may take several days, so we appreciate your patience. We will notify you when this is complete.

RELATED COURSES

Finance & Accounting

CRPBI Certificate in Data Analysis & Reporting Using Power BI

4.9

Jun 13 - 17, 2021

LIVE, Virtual Training

Plus sign

35 NASBA CPE credits

Calendar logo

5 days

PowerPivot and Power BI came with their powerful DAX formulas (Data Analysis Expressions). You will be surprised of what these expressions can do to your data compared to those that are standard in Excel. You will learn the basics of DAX expressions then we are going to move up the ladder swiftly until you are able to create KPI dashboards (Key Performance Indicators) that can be shared with your colleagues. When you go through the outline, you will realize how considerable the details and practical examples we will cover.

Finance & Accounting

FMM Financial Modelling Master

Advanced Diploma in Financial Modelling Using Excel and VBA

4.9

Jun 27 - 01, 2021

LIVE, Virtual Training

Plus sign

35 NASBA CPE credits

Calendar logo

5 days

FMM Financial Modelling Master

Advanced Diploma in Financial Modelling Using Excel and VBA

An intensive 5 day workshop that'll help you understand all those intimidating Excel and Visual Basic for Application (VBA) models. Given the importance of this software in financial models, our program can assist you overcome any trouble that can obstruct your further development in the field. You will also gain the FMM™ Financial Modeling Master designation. We encourage you to take our ‪‎FMM‬™ course, the leading program that deals with ‪financial modeling‬ via Microsoft ‪Excel‬ with Visual Basic for Application. Course will be led by expert...

Finance & Accounting

CIFRS Certificate in IFRS

4.9

Jun 27 - 01, 2021

LIVE, Virtual Training

Plus sign

35 NASBA CPE credits

Calendar logo

5 days

Are you up to date with the latest standard in ‪IFRS? ‪Accounting professionals can gain full knowledge on the development of IFRS and earn the CIFRSS™ designation by completing the Certified International Financial Reporting Standards Specialist.course. 18 months membership to the ‪IABFM professional body included!

Finance & Accounting

FNF Finance for Non-Finance Managers

4.8

Jun 27 - 29, 2021

Dubai, UAE

Plus sign

21 NASBA CPE credits

Calendar logo

3 days

Delegates will gain an increased awareness and working knowledge of: Accounting as the language of business Management versus financial accounting Key financial statements and their inter-relationship How to assess the financial health of businesses Aligning performance to strategy through budgeting Using costing methods to aid decision-making Selecting profitable investments Choosing the right pricing strategy The treatment of depreciation and goodwill Effective control of inventory

FREQUENTLY ASKED QUESTIONS

Most of our public courses are delivered in English language. You need to be proficient in English to be able to fully participate in the workshop and network with other delegates. For in-house courses we have the capability to train in Arabic, Dutch, German and Portuguese.

LEORON Institute partners with 20+ international bodies and associations.
We also award continuing professional development credits (CPE/PDUs) for:
1. NASBA (National Association of State Boards of Accountancy)
2. Project Management Institute PDUs
3. CISI credits
4. GARP credits
5. HRCI recertification credits
6. SHRM recertification credits

The deadline to register for a public course is 14 days before the course starts. Kindly note that occasionally we do accept late registrations as well, but this needs to be confirmed with the project manager of the training program or with our registration desk that can be reached at +971 4 447 5711 or [email protected].

The course fee covers a premium training experience in a 5-star hotel, learning materials, lunches & refreshments, and for some courses, the certification fee and membership with the accrediting bodies.

Yes, we can provide discounts for group bookings. If you would like to discuss a discount on a corporate level, we will be happy to talk to you.

Radiating Social