CPE PACKAGES (Incl. Ethics) for Multiple States and Qualifications @ $4/credit. CLICK HERE to view.

IFRS 17: Insurance Contracts

  • CPA (CA)
  • CMA
  • CPA (US)
  • CVA
  • CFE
IFRS 17: Insurance Contracts

2 Credits

$20

Subject Area

Accounting

Webinar Qualifies For

2 CPE credit of Accounting for all CPAs

2 CPE credit for Certified Management Accountants (CMA)

2 CPD credit (Verifiable) for Canadian CPAs

2 CPE credit for Certified Fraud Examiners (CFEs)

2 CPD credit (Verifiable) for Certified Valuation Analyst (CVA)

2 General Educational credit for Tax Professionals / Bookkeepers / Accountants

Upcoming Webinars

Course Description

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 IFRS 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: 

  • What is a lease and what is excluded?
  • Definition of lease-specific terms.
  • Classification tests for lessees and for lessors.
  • Review of the different types of leases.
  • Accounting treatment for lease.
  • Required disclosures.

Recommended for: 

This online CPE webinar is recommended for Accounting professionals interested in learning about fundamental of IFRS and Accounting for Insurance contracts. 

Learning Objectives

  • To identify the different types of leases.
  • To discuss how to account for leases.
  • To be able to classify leases.
  • To review the differences for lessees and lessors.
  • To know the required disclosures of IFRS 16.

Who Should Attend?

  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Young CPA