A tailored course, built for your situation
Mastering IFRS 17 for Senior Associates in Financial Services
Build precise, auditable financial reporting outputs that stand up to regulatory scrutiny the first time.
$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.
Who this is for
Senior Associate in financial services, focused on regulatory financial reporting and compliance close processes.
Who this is not for
Entry-level staff needing foundational accounting training, or executives seeking high-level IFRS 17 summaries without technical depth.
What you walk away with
- Produce IFRS 17 disclosures with higher accuracy on first draft
- Reduce revision loops with audit and regulatory teams
- Trace every assumption back to source inputs and modeling logic
- Deliver polished, regulator-ready footnotes and commentary
- Build repeatable templates that maintain consistency across reporting cycles
The 12 modules (with all 144 chapters)
Module 1. IFRS 17 Foundations for Financial Reporting
Establish a working command of IFRS 17 principles, including the building blocks of the general model, variable fee approach, and overlay adjustments.
12 chapters in this module
- Scope of IFRS 17 application
- Identifying insurance contracts
- Distinction from IFRS 4 and legacy treatments
- Effective date and transition methods
- Key definitions: coverage units, fulfillment cash flows
- Contract boundary determination
- Modification and acquisition accounting
- Reinsurance accounting basics
- Presentation in primary statements
- Disclosure requirements overview
- Interaction with IFRS 9 and IFRS 7
- Coordination with local GAAP
Module 2. Constructing the General Model
Walk through the mechanics of the general model, including measurement components and discount rate selection.
12 chapters in this module
- Fulfillment cash flows definition
- Risk adjustment methodologies
- Contract service margin setup
- Allocation of CSM over time
- Discount rate selection process
- Time value of money inputs
- Inflation adjustments
- Currency translation effects
- Changes in estimates
- CF projection frequency
- Probability weighting
- Sensitivity disclosures
Module 3. Variable Fee Approach and Profit Recognition
Master the variable fee model for contracts with direct participation features.
12 chapters in this module
- Identifying direct participation features
- Return corridor determination
- Excess return allocation
- Fee variability sources
- Participation rate assumptions
- Investment return attribution
- Cap and floor mechanics
- Linking to underlying assets
- Transparency in fee calculation
- Disclosure of fee dynamics
- Modeling profit emergence
- Treatment of non-guaranteed elements
Module 4. Modifications and Transfers
Apply accounting for contract changes and transfers under IFRS 17.
12 chapters in this module
- Triggering modification events
- Recalibrating CSM
- Prospective adjustment approach
- Impact on profit recognition
- Disclosing modification effects
- Treatment of renewals
- Partial cancellations
- Transfers between portfolios
- Portfolio reaggregation
- Documentation standards
- Actuarial review triggers
- Regulator-facing explanations
Module 5. Reinsurance Accounting under IFRS 17
Apply IFRS 17 to reinsurance contracts held and issued.
12 chapters in this module
- Distinguishing reinsurer from cedant
- Reinsurance contract scope
- Measurement alignment
- Reinsurance recoverables
- Offsetting criteria
- Loss recognition triggers
- Ceded contracts treatment
- Direct participation in reinsurance
- Collateral reporting
- Capital transfer disclosures
- Intercompany reconciliation
- Audit trail completeness
Module 6. Disclosure Architecture and Footnote Design
Structure disclosures for clarity, completeness, and regulatory readiness.
12 chapters in this module
- Required note groupings
- Segmental reporting alignment
- Rollforward presentation
- CSM amortization schedule
- Risk adjustment breakdown
- Sensitivity analysis format
- Assumption transparency
- Narrative consistency
- Cross-reference mapping
- Regulator question anticipation
- Comparative period treatment
- Internal sign-off coordination
Module 7. Actuarial Input Integration
Bridge actuarial models and financial reporting systems.
12 chapters in this module
- Actuarial report handover
- Input validation checks
- Assumption traceability
- Model governance documentation
- Peer review coordination
- Scenario version control
- Discount rate sourcing
- Mortality and lapse tables
- Dynamic assumption updates
- Error correction protocols
- Audit access to models
- Data lineage framework
Module 8. Interplay with IFRS 9 and IFRS 7
Align financial assets, hedge accounting, and credit risk disclosures.
12 chapters in this module
- Classification of linked assets
- Hedge accounting applicability
- Fair value measurement alignment
- Credit risk disclosures
- Liquidity risk linkage
- Collateral reporting
- Tiered disclosure integration
- Market volatility commentary
- Stress test disclosures
- Interest rate sensitivity
- Currency mismatch risks
- Cash flow hedge documentation
Module 9. Audit-Ready Output Production
Structure deliverables for external and internal audit efficiency.
12 chapters in this module
- Audit evidence hierarchy
- Source document mapping
- Control assertion alignment
- Work paper completeness
- Management letter coordination
- Third-party input verification
- Documentation standards
- Review trail maintenance
- Version comparison tools
- Comment resolution process
- Regulator Q&A prep
- Zero-rework submission goal
Module 10. Internal Controls for IFRS 17 Reporting
Design and document controls over financial reporting processes.
12 chapters in this module
- Key control identification
- Segregation of duties
- Access control policies
- Change management procedures
- System validation checks
- Approval workflows
- Exception monitoring
- Segregation testing
- Control effectiveness assessment
- SOX 404 linkage
- Audit readiness walkthroughs
- Control self-assessment
Module 11. Reporting Cycle Optimization
Streamline monthly and quarterly close processes for IFRS 17.
12 chapters in this module
- Timeline compression
- Parallel tasking
- Checkpoint synchronization
- Version control protocols
- Cross-team coordination
- Deadline risk mitigation
- Template reuse
- Automated validations
- Exception dashboards
- Rollforward efficiency
- Handover documentation
- Year-end prep integration
Module 12. Defensible Reporting Across Jurisdictions
Adapt disclosures for global regulatory expectations.
12 chapters in this module
- Regulatory variation mapping
- Local GAAP adjustments
- Translation layer design
- Country-specific disclosures
- Supervisory authority expectations
- APRA vs. ECB vs. FCA
- Cross-border consistency
- Language and format standards
- Local sign-off coordination
- Head office reporting alignment
- Escalation protocols
- Centralized playbook adoption
How this maps to your situation
- Month-end close under IFRS 17
- Audit preparation cycle
- Regulatory submission
- Intercompany reporting consolidation
Before vs. after
Before
Time spent on revisions, inconsistent disclosures, and audit back-and-forth.
After
First-time right outputs with clear traceability and minimal review cycles.
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 3 hours per module, designed to fit within existing reporting cycle windows.
If nothing changes
Continuing with current methods may result in prolonged review periods, increased audit findings, and missed opportunities to lead in high-visibility reporting cycles.
How this compares to the alternatives
Unlike generic IFRS 17 overviews, this course delivers granular, stage-by-stage methods to produce audit-ready disclosures with fewer revisions , focused on precision, not just awareness.
Frequently asked
Is this course technical enough for someone involved in actual IFRS 17 reporting?
Yes. Every module is built for practitioners producing actual disclosures, with deep technical content and traceable methodologies.
How is the course structured?
12 modules, each containing 12 chapters (144 chapters total).
Will this help reduce audit rework?
Yes. The focus is on producing accurate, defensible outputs the first time, minimizing revision loops.
$199 one-time. Approximately 3 hours per module, designed to fit within existing reporting cycle windows..
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