EW Insurance Contracts standard IFRS 17 | KPMG | SI
close
Share with your friends

NEW Insurance Contracts standard IFRS 17 - Seminar

The new insurance contracts standard – IFRS 17 – brings fundamental changes to international insurance accounting.

28 September 2018, 8:30AM - 2:00PM, CET

Seminar - NEW Insurance Contracts Standard - Introducing IFRS 17

Insight and detailed analysis on the impact of IFRS17

IFRS 17 brings greater comparability and transparency for investors and analysts

The new insurance contracts standard – IFRS 17 – brings fundamental changes to international insurance accounting.

IFRS 17 will give users of financial statements a whole new perspective. The ways in which analysts interpret and compare companies internationally will change. The standard places insurers reporting under IFRS on a level footing, opening up the ‘black box’ of current insurance accounting.

The new standard brings both benefits and challenges for insurers, who will need to gain an understanding of the accounting changes and the impacts on their businesses.

Presentation of the novelties on IFRS 17 - Insurance contracts with practical examples of bookkeeping and presentation of effects on

financial statements After almost 20 years of discussion, the IASB Board adopted a new accounting model for insurance contracts that will give users of the financial statements
a completely new look at the financial statements of insurance companies.

The Standard brings more comparability and transparency of information on the profitability of the new and existing insurance portfolio, while also providing
greater insight into the financial stability of insurance companies. A seminar on novelties of IFRS 17 will provide insights into the key novelties in the field of recording insurance contracts and on the effects that will have novelties on the financial statements.

Lecturers: 

-    Damjan Ahčin, FCCA, KPMG Slovenija d.o.o.

-    Martin Skube, MSc, KPMG Slovenija d.o.o.

Agenda:

 

  08.30 - 09.00      Arrival & Registration                
  09.00 - 10.45 Inroduction IFRS 17
  Changes in the structure of financial statements
  Changes in the statement of financial position
  Changes in the income statement
  Key technical aspects of IFRS 17
10.45 - 11.00 Coffee Break
11.00 - 13.45 Models of measurment
  Approach of four building blocks
  An example of practical posting
  A premium allocation approach
  An example of practical posting
  Profit-sharing contracts
  Comparison with Solvency II
  Transition to IFRS 17
13.45 - 14.00 Q & A

 

Location:

KPMG in Slovenia, Železna cesta 8a, Ljubljana.

Application & Participation fee:

Fee for 1 person is 180 EUR + VAT, additional participant from the same company 162 EUR + VAT.

Send the application form on kpmg.lj@kpmg.si or call us 01/4201170

Application deadline is September 24, 2018.  

 

Application form           
  

Contacts

Connect with us

 

Request for proposal

 

Submit