Skip to main content
Image coming soon

FIN8949 Mastering IFRS 17 for Financial Reporting Practitioners

$199.00
Adding to cart… The item has been added

A tailored course, built for your situation

Mastering IFRS 17 for Financial Reporting Practitioners

Build an authoritative, reusable framework for IFRS 17 compliance that compounds across reporting cycles

$199 one-time
24-hour access provisioning 30-day money-back guarantee Hand-built implementation playbook
12 modules. 12 chapters per module. 144 chapters total.
12 modules, each with 12 chapters (144 chapters total), text-based, plus downloadable templates and a hand-built implementation playbook delivered alongside course access.
Most practitioners treat IFRS 17 as a repeating compliance burden, you can turn it into a strategic asset.

The situation this course is for

Without a structured approach, teams restart from scratch each reporting cycle. Valuable insights get lost, narratives shift, and credibility erodes when responses lack consistency. The cost isn't just time, it's influence.

Who this is for

Senior financial reporting specialist at a global financial institution, responsible for IFRS 17 implementation and disclosure accuracy across multiple jurisdictions.

Who this is not for

Entry-level accountants, audit staff focused only on verification, or professionals outside insurance-linked financial reporting.

What you walk away with

  • A fully documented IFRS 17 implementation playbook tailored to Macquarie’s structure
  • Reusable templates for liability valuation narratives and disclosure packages
  • A personal library of precedents that accelerates future period-end reporting
  • Ability to produce auditor-ready outputs in half the time by leveraging past work
  • Increased visibility as the go-to source on IFRS 17 interpretation within the function

The 12 modules (with all 144 chapters)

Module 1. Understanding IFRS 17 Core Objectives and Scope
Lay the foundation by aligning with the standard’s intent: fair presentation of insurance contract liabilities and performance. This module clarifies what IFRS 17 demands conceptually and how it differs from prior practices, setting the stage for accurate implementation.
12 chapters in this module
  1. Defining the scope of insurance contracts under IFRS 17
  2. Identifying embedded derivatives requiring separation
  3. Recognizing coverage units and their measurement
  4. Distinguishing between direct and indirect participating contracts
  5. Applying the premium allocation approach when appropriate
  6. Understanding transition options and practical expedients
  7. Mapping IFRS 17 objectives to Macquarie’s reporting context
  8. Avoiding common misclassifications in contract grouping
  9. Implementing variable fee approaches correctly
  10. Handling contract boundary changes and renewals
  11. Integrating contractual service margin logic into reporting
  12. Establishing consistent data sources for initial recognition
Module 2. Building the Liability for Remaining Coverage
Develop a repeatable process for calculating the liability for remaining coverage using the building block approach. This module details each input, ensuring precision and consistency across reporting periods.
12 chapters in this module
  1. Estimating future cash flows for insurance contracts
  2. Applying unbiased probability-weighted assumptions
  3. Incorporating time value of money using appropriate discount rates
  4. Adjusting for liquidity characteristics and market insights
  5. Calculating the risk adjustment for non-financial risk
  6. Validating assumptions against internal actuarial models
  7. Documenting rationale for each risk adjustment decision
  8. Linking assumptions to observable market data where possible
  9. Reviewing changes in estimates for reasonableness
  10. Ensuring consistency with asset-side valuation practices
  11. Addressing model drift across reporting cycles
  12. Producing audit-ready evidence packs for liability estimates
Module 3. Calculating the Liability for Claims Outstanding
Master the measurement of incurred claims, including provisions for future claims development and expenses. This module ensures accuracy in retrospective adjustment processes.
12 chapters in this module
  1. Defining incurred but not reported claims liability
  2. Applying loss development techniques to estimate future payments
  3. Incorporating claims handling costs into the reserve
  4. Adjusting for inflation and currency effects
  5. Validating IBNR estimates with historical claims patterns
  6. Applying risk adjustments to claims outstanding
  7. Using claims run-off triangles effectively
  8. Reconciling claims reserves with actuarial outputs
  9. Identifying and correcting claims estimation bias
  10. Ensuring claims reserves reflect current claims experience
  11. Supporting disclosure requirements for claims development
  12. Producing consistent claims narratives across entities
Module 4. Integrating the Contractual Service Margin
Learn how to recognize and amortize the CSM fairly and systematically. This module provides a clear methodology for tracking profitability over time.
12 chapters in this module
  1. Initial recognition of the contractual service margin
  2. Determining the appropriate basis for CSM amortization
  3. Applying explicit service expense assumptions
  4. Using coverage units as the driver for CSM release
  5. Adjusting CSM for experience variances
  6. Handling CSM adjustments after capital allocation changes
  7. Linking CSM to profitability reporting dashboards
  8. Reconciling CSM movements with general ledger entries
  9. Supporting auditor inquiries on CSM calculations
  10. Documenting CSM build-up for regulatory review
  11. Ensuring CSM logic is portable across reporting platforms
  12. Creating a reusable CSM tracking template
Module 5. Developing the Fulfillment Cash Flow
Construct the fulfillment cash flow with precision, combining expected cash flows and the risk adjustment. This module ensures compliance with the standard’s requirements.
12 chapters in this module
  1. Aggregating future cash inflows and outflows by contract group
  2. Applying probability weighting to all cash flow scenarios
  3. Estimating claims settlement timing and amounts
  4. Incorporating premium receipts and timing expectations
  5. Calculating the risk adjustment using confidence levels
  6. Selecting appropriate techniques: cost of capital vs. confidence level
  7. Linking risk adjustments to Macquarie’s risk appetite
  8. Validating risk adjustment outputs with actuarial consensus
  9. Ensuring risk adjustments are not duplicated elsewhere
  10. Reviewing risk adjustment stability over time
  11. Supporting disclosure of risk adjustment methodology
  12. Maintaining a historical log of risk adjustment decisions
Module 6. Applying the General Measurement Model
Implement the full measurement model consistently across portfolios. This module guides practitioners through complex calculations and documentation needs.
12 chapters in this module
  1. Grouping contracts based on similarity of terms and risks
  2. Applying the building block approach to new business
  3. Applying the premium allocation approach to simplified cases
  4. Measuring contracts at initial recognition
  5. Updating assumptions at each reporting date
  6. Recognizing changes in fulfillment cash flows
  7. Amortizing the contractual service margin appropriately
  8. Ensuring consistency with internal management reporting
  9. Documenting model governance and control points
  10. Producing clear narratives for audit scrutiny
  11. Linking model outputs to consolidated reporting
  12. Creating a version-controlled implementation record
Module 7. Preparing Disclosures for Transparency
Generate comprehensive, consistent disclosures that meet IFRS 7 and IFRS 17 requirements. This module ensures clarity and completeness in public reporting.
12 chapters in this module
  1. Identifying required quantitative disclosures under IFRS 17
  2. Presenting reconciliation of opening and closing CSM
  3. Disclosing movements in insurance contract liabilities
  4. Explaining assumptions and estimation uncertainty
  5. Linking narrative to underlying model logic
  6. Using clear language for non-specialist readers
  7. Ensuring consistency with prior period disclosures
  8. Supporting auditor review of disclosure accuracy
  9. Integrating regulatory expectations into disclosure design
  10. Producing jurisdiction-specific variations efficiently
  11. Updating disclosure templates for future cycles
  12. Archiving disclosure packages for audit trail
Module 8. Designing Reusable Implementation Templates
Turn one-time work into lasting assets. This module shows how to document methodologies, assumptions, and outputs so they compound across cycles.
12 chapters in this module
  1. Identifying repeatable components in IFRS 17 reporting
  2. Standardizing assumption documentation formats
  3. Creating reusable templates for liability calculations
  4. Building narrative blocks for recurring disclosures
  5. Version-controlling model inputs and outputs
  6. Designing checklists for period-end close
  7. Linking templates to audit trail requirements
  8. Ensuring templates are jurisdiction-ready
  9. Training junior staff using documented precedents
  10. Reducing cycle time through template reuse
  11. Adapting templates for new product types
  12. Maintaining a central repository of approved templates
Module 9. Establishing Governance and Control Frameworks
Implement controls that ensure data integrity, model accuracy, and audit readiness. This module strengthens confidence in reporting outputs.
12 chapters in this module
  1. Defining roles and responsibilities for IFRS 17 reporting
  2. Establishing sign-off workflows for key assumptions
  3. Implementing model validation protocols
  4. Designing audit trails for all calculation steps
  5. Integrating with existing SOX 404 controls
  6. Reviewing changes in actuarial models
  7. Ensuring data lineage from source to report
  8. Documenting model assumptions and changes
  9. Conducting peer reviews of key outputs
  10. Aligning with internal audit expectations
  11. Testing control effectiveness periodically
  12. Updating control framework with regulatory feedback
Module 10. Integrating IFRS 17 with Broader Financial Reporting
Align IFRS 17 outputs with Macquarie’s consolidated financials and capital reporting. This module ensures coherence across functions.
12 chapters in this module
  1. Linking IFRS 17 results to income statement presentation
  2. Integrating liability data with balance sheet reporting
  3. Ensuring consistency with capital adequacy metrics
  4. Supporting ECL and stress testing processes
  5. Collaborating with tax reporting teams
  6. Aligning with internal capital models
  7. Feeding results into executive dashboards
  8. Connecting to group-wide risk reporting
  9. Supporting investor relations with clear messaging
  10. Ensuring parity with local GAAP reconciliations
  11. Facilitating cross-jurisdiction reporting
  12. Creating a single source of truth for financials
Module 11. Responding to Auditor and Regulator Inquiries
Prepare clear, confident responses to external challenges. This module builds credibility through documentation and precedent.
12 chapters in this module
  1. Anticipating common auditor questions on assumptions
  2. Organizing evidence packs for inspection
  3. Responding to queries on risk adjustment methodology
  4. Defending CSM amortization patterns
  5. Explaining changes in estimates over time
  6. Using documented precedents to support positions
  7. Maintaining a Q&A log for recurring issues
  8. Coordinating responses across legal entities
  9. Ensuring consistency with prior-year responses
  10. Training team members on inquiry handling
  11. Escalating only when necessary
  12. Building a reputation for thoroughness
Module 12. Scaling Knowledge Across the Organization
Turn individual expertise into institutional capability. This module helps you lead up and across without formal authority.
12 chapters in this module
  1. Identifying knowledge gaps in the reporting function
  2. Creating onboarding materials for new staff
  3. Delivering informal training sessions
  4. Sharing templates and precedents proactively
  5. Documenting rationale for future teams
  6. Mentoring junior practitioners
  7. Influencing peers through data and clarity
  8. Building cross-functional alignment
  9. Serving as a resource for other divisions
  10. Reducing dependency on individual experts
  11. Enhancing team resilience
  12. Positioning yourself as a center of excellence

How this maps to your situation

  • IFRS 17 implementation at a global financial institution
  • Need for consistent, auditor-ready reporting
  • Growing demand for efficiency in financial disclosures
  • Opportunity to build lasting institutional knowledge

Before vs. after

Before
Start from scratch each reporting cycle, reinvent narratives, and field repetitive auditor questions.
After
Leverage documented precedents, reuse proven templates, and produce stronger outputs faster every time.

What's included with your purchase

  • 12 modules with 12 chapters each (144 chapters)
  • Downloadable templates and worked examples for every module
  • Hand-built implementation playbook delivered alongside course access
  • 30-day money-back guarantee

Delivery and format

  • Course and learning environment access provisioned within 24 hours of purchase
  • Hand-built implementation playbook delivered alongside course access

Format: Text-based modules and chapters in the Art of Service learning environment, plus downloadable templates and worked examples for every chapter, plus the hand-built implementation playbook delivered alongside course access.

Time investment: Approximately 90 minutes per week over four weeks, designed for busy professionals.

If nothing changes
Without a structured approach, valuable work is lost each cycle, credibility suffers from inconsistent outputs, and opportunities to lead are missed.

How this compares to the alternatives

Unlike generic webinars or dense technical memos, this course delivers actionable, role-specific guidance with templates and precedents you can use immediately , no theory, no fluff, just compounding value.

Frequently asked

Is this course focused on insurance companies or applicable more broadly?
It’s designed for any financial institution managing long-duration liabilities, including diversified groups like Macquarie with insurance-linked reporting obligations.
How is the course structured?
12 modules, each containing 12 chapters (144 chapters total).
Will I receive templates I can use immediately?
Yes , every module includes downloadable, customizable templates and worked examples.
$199 one-time. Approximately 90 minutes per week over four weeks, designed for busy professionals..

Within 24 hours your account in the learning environment is provisioned and the tailored implementation playbook is delivered alongside it.

30-day money-back guarantee· 144 chapters· Hand-built playbook included· Account access within 24 hours
!