Accounting practices for insurance contracts have been diverse. They have often differed from practices in other sectors. 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:
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Founder, Mike Morley
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.
Course Level
Credits
Instructional Method
Pre-requisites
Advance Preparation
MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478
MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors.
KS
Very informative
MW
Good general/high level information. The instructor goes into details/gives examples for some concepts (sometimes when not needed) and glosses over other concepts which do require further explanation.
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