IFRS for Insurance Contracts Toolkit

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Save time, empower your teams and effectively upgrade your processes with access to this practical IFRS for Insurance Contracts Toolkit and guide. Address common challenges with best-practice templates, step-by-step work plans and maturity diagnostics for any IFRS for Insurance Contracts related project.

Download the Toolkit and in Three Steps you will be guided from idea to implementation results.

The Toolkit contains the following practical and powerful enablers with new and updated IFRS for Insurance Contracts specific requirements:


STEP 1: Get your bearings

Start with...

  • The latest quick edition of the IFRS for Insurance Contracts Self Assessment book in PDF containing 49 requirements to perform a quickscan, get an overview and share with stakeholders.

Organized in a data driven improvement cycle RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain), check the…

  • Example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation

Then find your goals...


STEP 2: Set concrete goals, tasks, dates and numbers you can track

Featuring 991 new and updated case-based questions, organized into seven core areas of process design, this Self-Assessment will help you identify areas in which IFRS for Insurance Contracts improvements can be made.

Examples; 10 of the 991 standard requirements:

  1. Has the investor established and maintained internal management and accounting practices and controls that are adequate to ensure compliance with all applicable laws pertaining to corrupt practices?

  2. What are your organizations views on the faithful application and consistent application of IFRS by foreign companies that are registered under the Exchange Act and those that are not so registered?

  3. A contract contains one or more embedded derivatives and therefore the whole contract can be classified as at fair value to avoid any confusion or requirement to split out the embedded derivative?

  4. Should foreign private issuers that prepare financial statements in accordance with IFRS as published by the IASB be required to continue to comply with the disclosure requirements of FAS 69?

  5. Has the PPP / PFI contract been accounted for as on balance sheet when there has been a clear case that control and residual value have been transferred to the private sector operator?

  6. Are there any adjustments to existing policies which, whilst not strictly required for IFRS purposes, are proposed to aid the clarity and understanding of the financial statements?

  7. Risk arising from embedded derivatives contained in a host insurance contract if the insurer is not required to, and does not, measure the embedded derivatives at fair value?

  8. What contractual arrangements whereby two or more parties undertake an activity that is subject to joint control, and unanimous consent is required to take decisions, exist?

  9. Do you agree with the proposed operational simplifications, and do they contribute to an appropriate balance between faithful representation and the cost of implementation?

  10. Gaap reconciliation requirement with respect to required interim period financial statements prepared using IFRS as published by the iasb for use in continuous offerings?


Complete the self assessment, on your own or with a team in a workshop setting. Use the workbook together with the self assessment requirements spreadsheet:

  • The workbook is the latest in-depth complete edition of the IFRS for Insurance Contracts book in PDF containing 991 requirements, which criteria correspond to the criteria in...

Your IFRS for Insurance Contracts self-assessment dashboard which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next:

  • The Self-Assessment Excel Dashboard; with the IFRS for Insurance Contracts Self-Assessment and Scorecard you will develop a clear picture of which IFRS for Insurance Contracts areas need attention, which requirements you should focus on and who will be responsible for them:

    • Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix
    • Gives you a professional Dashboard to guide and perform a thorough IFRS for Insurance Contracts Self-Assessment
    • Is secure: Ensures offline data protection of your Self-Assessment results
    • Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next:

 

STEP 3: Implement, Track, follow up and revise strategy

The outcomes of STEP 2, the self assessment, are the inputs for STEP 3; Start and manage IFRS for Insurance Contracts projects with the 62 implementation resources:

  • 62 step-by-step IFRS for Insurance Contracts Project Management Form Templates covering over 1500 IFRS for Insurance Contracts project requirements and success criteria:

Examples; 10 of the check box criteria:

  1. Lessons Learned: What skills did you need that were missing on this IFRS for Insurance Contracts project?

  2. Risk Management Plan: Risks should be identified during which phase of IFRS for Insurance Contracts project management life cycle?

  3. Project Scope Statement: Once its defined, what is the stability of the IFRS for Insurance Contracts project scope?

  4. Schedule Management Plan: Are the processes for status updates and maintenance defined?

  5. Procurement Audit: Was additional significant information supplied to all interested parties?

  6. Activity List: Is there anything planned that does not need to be here?

  7. Quality Audit: How does your organization know that its staffing profile is optimally aligned with the capability requirements implicit (or explicit) in its Strategic Plan?

  8. Activity Duration Estimates: What is the shortest possible time it will take to complete this IFRS for Insurance Contracts project?

  9. Issue Log: Are the IFRS for Insurance Contracts project issues uniquely identified, including to which product they refer?

  10. Team Performance Assessment: To what degree can team members vigorously define the teams purpose in considerations with others who are not part of the functioning team?

 
Step-by-step and complete IFRS for Insurance Contracts Project Management Forms and Templates including check box criteria and templates.

1.0 Initiating Process Group:

  • 1.1 IFRS for Insurance Contracts project Charter
  • 1.2 Stakeholder Register
  • 1.3 Stakeholder Analysis Matrix


2.0 Planning Process Group:

  • 2.1 IFRS for Insurance Contracts project Management Plan
  • 2.2 Scope Management Plan
  • 2.3 Requirements Management Plan
  • 2.4 Requirements Documentation
  • 2.5 Requirements Traceability Matrix
  • 2.6 IFRS for Insurance Contracts project Scope Statement
  • 2.7 Assumption and Constraint Log
  • 2.8 Work Breakdown Structure
  • 2.9 WBS Dictionary
  • 2.10 Schedule Management Plan
  • 2.11 Activity List
  • 2.12 Activity Attributes
  • 2.13 Milestone List
  • 2.14 Network Diagram
  • 2.15 Activity Resource Requirements
  • 2.16 Resource Breakdown Structure
  • 2.17 Activity Duration Estimates
  • 2.18 Duration Estimating Worksheet
  • 2.19 IFRS for Insurance Contracts project Schedule
  • 2.20 Cost Management Plan
  • 2.21 Activity Cost Estimates
  • 2.22 Cost Estimating Worksheet
  • 2.23 Cost Baseline
  • 2.24 Quality Management Plan
  • 2.25 Quality Metrics
  • 2.26 Process Improvement Plan
  • 2.27 Responsibility Assignment Matrix
  • 2.28 Roles and Responsibilities
  • 2.29 Human Resource Management Plan
  • 2.30 Communications Management Plan
  • 2.31 Risk Management Plan
  • 2.32 Risk Register
  • 2.33 Probability and Impact Assessment
  • 2.34 Probability and Impact Matrix
  • 2.35 Risk Data Sheet
  • 2.36 Procurement Management Plan
  • 2.37 Source Selection Criteria
  • 2.38 Stakeholder Management Plan
  • 2.39 Change Management Plan


3.0 Executing Process Group:

  • 3.1 Team Member Status Report
  • 3.2 Change Request
  • 3.3 Change Log
  • 3.4 Decision Log
  • 3.5 Quality Audit
  • 3.6 Team Directory
  • 3.7 Team Operating Agreement
  • 3.8 Team Performance Assessment
  • 3.9 Team Member Performance Assessment
  • 3.10 Issue Log


4.0 Monitoring and Controlling Process Group:

  • 4.1 IFRS for Insurance Contracts project Performance Report
  • 4.2 Variance Analysis
  • 4.3 Earned Value Status
  • 4.4 Risk Audit
  • 4.5 Contractor Status Report
  • 4.6 Formal Acceptance


5.0 Closing Process Group:

  • 5.1 Procurement Audit
  • 5.2 Contract Close-Out
  • 5.3 IFRS for Insurance Contracts project or Phase Close-Out
  • 5.4 Lessons Learned

 

Results

With this Three Step process you will have all the tools you need for any IFRS for Insurance Contracts project with this in-depth IFRS for Insurance Contracts Toolkit.

In using the Toolkit you will be better able to:

  • Diagnose IFRS for Insurance Contracts projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices
  • Implement evidence-based best practice strategies aligned with overall goals
  • Integrate recent advances in IFRS for Insurance Contracts and put process design strategies into practice according to best practice guidelines

Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role; In EVERY company, organization and department.

Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?'

This Toolkit empowers people to do just that - whether their title is entrepreneur, manager, consultant, (Vice-)President, CxO etc... - they are the people who rule the future. They are the person who asks the right questions to make IFRS for Insurance Contracts investments work better.

This IFRS for Insurance Contracts All-Inclusive Toolkit enables You to be that person.

 

Includes lifetime updates

Every self assessment comes with Lifetime Updates and Lifetime Free Updated Books. Lifetime Updates is an industry-first feature which allows you to receive verified self assessment updates, ensuring you always have the most accurate information at your fingertips.