A tailored course, built for your situation
Mastering IFRS 17 for Financial Reporting Leaders
A structured path to confident, audit-ready financial statements under new global standards
$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.
Struggling to align actuarial modeling with financial disclosure under IFRS 17?
The situation this course is for
Many financial reporting leads face delays because IFRS 17 requires coordination across actuarial, finance, and compliance, teams that speak different languages and move at different speeds. Without a unified framework, outputs miss deadlines, lose credibility, or require rework.
Who this is for
Senior financial reporting specialist or compliance lead at a global asset manager or wealth management firm, responsible for implementing IFRS 17 disclosures and aligning cross-functional inputs under tight timelines.
Who this is not for
Entry-level accountants, auditors focused solely on SOX 404 controls, or practitioners outside financial services.
What you walk away with
- Produce audit-ready IFRS 17 disclosures on time, with traceable alignment between actuarial models and financial statements
- Lead cross-functional alignment between actuarial, finance, and compliance teams with confidence
- Anticipate auditor questions and regulator expectations with structured documentation
- Reduce rework cycles by standardizing data flows and assumptions across departments
- Position yourself as the internal expert on IFRS 17 implementation, increasing visibility with senior leadership
The 12 modules (with all 144 chapters)
Module 1. Understanding IFRS 17 Core Principles
Build a foundational grasp of IFRS 17’s three-model approach: building blocks, variable fee, and premium allocation. Learn how it replaces IFRS 4 and why it matters for long-duration contracts in wealth management.
12 chapters in this module
- The evolution from IFRS 4 to IFRS 17 and its implications
- Key differences between GAAP and IFRS 17 for insurance contracts
- How IFRS 17 defines a contract boundary
- Identifying embedded derivatives in structured products
- Treatment of investment contracts with discretionary participation
- The role of the time value of money in liability valuation
- Discount rate selection under IFRS 17 vs. local GAAP
- Transitional treatments for existing portfolios
- Practical expedients allowed under the standard
- Scope exceptions relevant to asset management firms
- How IFRS 17 interacts with local regulatory capital rules
- Common misapplications to avoid in early adoption
Module 2. Data Requirements and System Readiness
Map the data architecture needed for compliance, including granularity, lineage, and integration points across actuarial, finance, and reporting systems.
12 chapters in this module
- Minimum data granularity for fulfillment cash flows
- Tracking cohort-level performance over time
- Defining system-of-record responsibilities across departments
- Integrating actuarial models with financial close systems
- Data retention and audit trail requirements
- Building a golden copy for disclosure reporting
- Validating input integrity from third-party vendors
- Handling currency translation in multi-jurisdiction portfolios
- Documenting data lineage for auditor review
- Common data gaps in legacy wealth management platforms
- Designing scalable data pipelines for future expansion
- Using data dictionaries to align cross-functional teams
Module 3. Actuarial Modeling Alignment
Bridge the gap between actuarial teams and financial reporting by standardizing assumptions, inputs, and documentation practices.
12 chapters in this module
- Translating actuarial best estimate assumptions for finance use
- Calibrating risk adjustment methodologies under IFRS 17
- Handling non-financial risk margins in reporting
- Consistency checks between stochastic and deterministic models
- Documentation standards for auditor review
- Version control for model updates and changes
- Managing model drift over long-duration contract lives
- Incorporating economic scenario generators into reporting
- Treatment of lapse rates and behavioral assumptions
- Sourcing peer benchmarks for credibility
- Aligning with internal model validation frameworks
- Audit-ready model narrative templates
Module 4. Liability Valuation and CSM Tracking
Master the construction and amortization of the Contract Service Margin (CSM) and its impact on earnings volatility.
12 chapters in this module
- Building the initial CSM from acquisition costs
- Amortization patterns for different product types
- CSM release timing and income statement impact
- Rebalancing CSM after experience adjustments
- Treatment of acquisition cost deferrals
- Impact of discount rate changes on liability values
- Currency translation adjustments for multinational portfolios
- Intercompany eliminations under IFRS 17
- Segment reporting implications for wealth management
- Presentation formats for internal leadership review
- Disclosures required for CSM movements
- Common errors in CSM rollforward calculations
Module 5. Disclosure Design and Narrative Development
Craft executive-ready disclosures that meet regulator expectations while minimizing complexity for stakeholders.
12 chapters in this module
- Minimum disclosure requirements under IFRS 17
- Designing tiered narratives for different audiences
- Translating technical inputs into strategic insights
- Footnote drafting for auditors and executives
- Comparative period presentation under transition
- Graphical representations of CSM amortization
- Narrative logic flow for board-level summaries
- Managing legal review cycles for disclosure content
- Version control for multi-draft workflows
- Common omissions flagged by auditors
- Benchmarking against peer firm disclosures
- Using disclosures to demonstrate control maturity
Module 6. Internal Control Framework Integration
Embed IFRS 17 compliance into existing SOX and financial reporting controls.
12 chapters in this module
- Identifying key controls over IFRS 17 data flows
- Segregation of duties for actuarial and finance handoffs
- Automated controls for CSM rollforward calculations
- Designing review points for senior leadership
- Testing control effectiveness during close cycles
- Documentation standards for SOX 404 alignment
- Change management for model and input updates
- Incident response planning for disclosure errors
- Audit trail requirements for regulatory exams
- Linking control design to financial statement assertions
- Common deficiencies identified in peer audits
- Control mapping templates for internal use
Module 7. Cross-Functional Stakeholder Alignment
Lead alignment between actuarial, finance, compliance, and legal teams through structured workflows and shared language.
12 chapters in this module
- Mapping stakeholder responsibilities in IFRS 17 process
- Designing RACI charts for implementation phases
- Facilitating alignment workshops across departments
- Creating shared definitions for key terms
- Managing conflicting priorities between teams
- Escalation paths for unresolved issues
- Integrating IFRS 17 into quarterly reporting calendars
- Building executive dashboards for progress tracking
- Managing external audit queries across functions
- Documenting decisions for institutional memory
- Onboarding new team members efficiently
- Templates for recurring cross-functional check-ins
Module 8. Technology and System Implementation
Evaluate and deploy systems that support IFRS 17 compliance, including core platforms, data warehouses, and reporting tools.
12 chapters in this module
- Assessing existing system capabilities for IFRS 17
- Vendor selection criteria for actuarial platforms
- Integration patterns with ERP and general ledger systems
- Designing data pipelines for real-time updates
- Cloud vs. on-premise deployment trade-offs
- Security and access control requirements
- Scalability considerations for growing portfolios
- Change management for system upgrades
- User acceptance testing protocols
- Training materials for ongoing operations
- Support model design for post-go-live
- Roadmapping future phase expansions
Module 9. Audit and Regulator Engagement Preparation
Prepare confidently for external audit and regulatory review with complete, consistent, and defensible documentation.
12 chapters in this module
- Expected auditor focus areas in Year 1 adoption
- Documentation package structure for exam readiness
- Anticipating follow-up questions on key judgments
- Presenting model assumptions to non-technical reviewers
- Handling materiality assessments in disclosures
- Responding to inspection findings
- Coordination with regulator submission timelines
- Building a defensible rationale for policy choices
- Common audit queries by topic area
- Using prior-year feedback to improve current cycle
- Checklist for pre-submission readiness
- Mock audit session design for team preparation
Module 10. Transition Methods and Practical Expedients
Navigate the options for transitioning to IFRS 17, including full retrospective, modified retrospective, and practical expedients.
12 chapters in this module
- Evaluating materiality of transition method choices
- Full retrospective approach and data requirements
- Modified retrospective method and its trade-offs
- Practical expedient for discount rate allocation
- Treatment of acquisition costs under transition
- Handling legacy contracts with incomplete data
- Documentation needed for method selection
- Impact on comparative period reporting
- Communicating transition effects internally
- Common pitfalls in transition calculations
- Auditor expectations for method justification
- Checklist for transition method validation
Module 11. Ongoing Maintenance and Continuous Improvement
Sustain compliance through structured updates, reviews, and process enhancements after initial adoption.
12 chapters in this module
- Scheduling recurring model validation cycles
- Updating discount rates quarterly
- Managing experience adjustments over time
- Version control for policy and procedure updates
- Training new hires on IFRS 17 processes
- Process optimization opportunities post-adoption
- Benchmarking against industry peers
- Feedback loops from audit and regulator reviews
- Evolving disclosures as standards mature
- Roadmapping future automation
- Maintaining institutional knowledge
- Annual review cycle templates
Module 12. Strategic Positioning and Career Leverage
Use your IFRS 17 expertise to increase influence, lead higher-margin work, and position for advancement.
12 chapters in this module
- Positioning yourself as the go-to resource internally
- Documenting impact for performance reviews
- Presenting technical work to senior leadership
- Building credibility across departments
- Mentoring junior team members effectively
- Sharing insights through internal forums
- Contributing to enterprise-wide risk frameworks
- Preparing for expanded scope in future roles
- Using IFRS 17 experience in career transitions
- Highlighting expertise in external networks
- Balancing technical depth with strategic vision
- Creating reusable artifacts that compound value
How this maps to your situation
- Year 1 IFRS 17 implementation
- Cross-functional team alignment
- Auditor readiness
- Strategic influence growth
Before vs. after
Before
IFRS 17 compliance feels fragmented, dependent on tribal knowledge, and reactive to audit cycles.
After
You own a structured, repeatable approach to IFRS 17 reporting that scales across portfolios and increases your strategic value.
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: 90 minutes per week for 4 weeks, or complete in one intensive weekend.
If nothing changes
Without a structured approach, teams risk delayed closes, auditor findings, and missed opportunities to elevate financial reporting as a strategic function.
How this compares to the alternatives
Unlike generic webinars or certification prep, this course is tailored to financial reporting leaders in wealth management, with real-world examples and templates you can apply immediately.
Frequently asked
Is this course relevant if my firm uses local GAAP?
Yes. The course covers transition planning, dual reporting requirements, and strategic positioning regardless of current accounting basis.
How is the course structured?
12 modules, each containing 12 chapters (144 chapters total).
Will this help me prepare for auditor questions?
Yes. Module 9 is dedicated to audit readiness, including common queries, documentation standards, and mock audit design.
$199 one-time. 90 minutes per week for 4 weeks, or complete in one intensive weekend..
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