Navigate the new world of accounting change | KPMG | BG

Navigate the new world of accounting change

Navigate the new world of accounting change

Planning for the implementation of IFRS 17

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Navigate the new world of accounting change

As the new IASB insurance contracts accounting standard, IFRS 17, enters the final stages before publication, forward-looking insurers are planning for implementation.

While IFRS 17 is being introduced with the aim of bringing greater transparency to financial reporting by insurers, its implementation has the potential to be complex and occupy many people over a long period of time. To help you plan for implementation efficiently and effectively, at KPMG we have invited you to webcasts highlighting important issues.

In the fifth in our webcast series, Lessons for the future: Preparing for IFRS 17, we will cover the latest updates from the IASB, key accounting and actuarial policies to consider and questions to help guide your planning for implementation. We will also look at lessons learned from previous change programs.

Date: Thursday, 11 May 2017
Time: 9:00am EST/2:00pm GMT/3:00pm CET

Date: Friday, 12 May 2017 (on demand)
Time: 9:00am HK/11:00am Sydney

Register here

Join the webcast to hear:

  • The questions to ask yourselves as you plan for the implementation of the standard once it is final. 
  • The key accounting and actuarial policy choices and decisions available to you as you consider the financial impact of the proposed standard on your business.
  • Lessons learned from previous change programs that should be considered during implementation.

KPMG presenters

Mary Trussell, Global Insurance Accounting Change Lead Partner, KPMG in Canada
Erik Bleekrode, Insurance Accounting Change Lead, KPMG in the Netherlands
Michael Lammons, Insurance Accounting Change Americas Coordinating Partner, KPMG in the US
Laura Gray, Principal, Actuary and Insurance Risk, KPMG in the US

As investors and regulators strive for ever-accelerated reporting timetables, insurers will want to streamline processes and ensure clear, concise communication to shareholders, investors and other key stakeholders. KPMG’s approach is distinctive, recognizing that this is more than just a technical accounting and actuarial issue.

We would be happy to discuss any questions you might have in your preparation for IFRS 17. 

 

Access previous webcasts

Preparing for IFRS 17, December 2016
Preparing to report under IFRS 17, January 2017
System and data implications, February 2017
P&C insurers prepare to report under IFRS 17, April 2017

© 2017 KPMG Bulgaria OOD, a Bulgarian limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

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