IFRS 17: Insurance Contracts 2 Credits
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Accounting practices for insurance contracts have been diverse. They have often differed from practices in other sectors. Â Because many entities will adopt IFRS, or have already done so, the International Accounting Standards Board has issued this International Financial Reporting Standard dealing with Insurance Contracts.
The purpose of this standard is to provide limited improvements to accounting for insurance contracts until the Board completes the second phase of its project on insurance contracts for January 1, 2023. In addition, this IFRS requires any entity issuing insurance contracts (an insurer) to disclose information about those contracts.
Key topics covered in this Accounting CPE webinar for CPAs:Â
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Mike Morley is a Certified Public Accountant and a recognized authority in the field of finance with more than 25 years experience in finance, including SOX and IFRS implementation.
An entertaining and informative speaker and trainer, Mike is the author of:
“IFRS Simplified” which provides a jump start for accountants and finance executives who want to quickly and easily get up to date on IFRS.
“Sarbanes-Oxley Simplified” which is an easy-to-read explanation of the requirements of the U.S. legislation that makes CEO's & CFO's personally responsible for the accuracy of their company's financial statements.
“Financial Statement Analysis Simplified” which translates the accounting language of financial statements into clear, easy-to-understand terms that anyone who needs to make well-informed financial decisions quickly will appreciate.
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We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.
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