A tailored course, built for your situation
Mastering IFRS 17 for Interim Reporting Specialists
Build authoritative interpretations and become the reference point on complex insurance contracts
$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 get alignment on IFRS 17 judgments?
The situation this course is for
Teams often face delays because IFRS 17 conclusions lack precedent or clear justification. The same technical knowledge that enables compliance doesn't always command stakeholder trust.
Who this is for
Senior interim reporting consultants who bridge technical IFRS 17 knowledge and cross-functional stakeholder alignment
Who this is not for
Junior accountants, auditors without IFRS 17 exposure, or professionals outside financial reporting functions
What you walk away with
- Produce self-validating disclosures that require less escalation
- Establish structured reasoning patterns for IFRS 17 variable consideration
- Build reference-grade commentary for LIC and LRC calculations
- Develop precedent-style documentation that survives auditor review
- Gain recognition as the internal source for IFRS 17 judgment calls
The 12 modules (with all 144 chapters)
Module 1. IFRS 17 Scope and Unit of Account
Define the boundaries of insurance contracts under IFRS 17 and identify embedded derivatives requiring separation.
12 chapters in this module
- Scope assessment checklist
- Identifying insurance risk transfer
- Contracts with multiple components
- Unit of account determination
- Variable consideration thresholds
- Contract boundary definition
- Exemptions and carve-outs
- Allocation of premiums across components
- Measurement of acquisition cash flows
- Distinguishing service fees from risk coverage
- Treatment of investment components
- Documentation for audit trail
Module 2. Portfolio Formation and Grouping
Group contracts into portfolios and identify meaningful cohorts for measurement and reporting.
12 chapters in this module
- Portfolio formation principles
- Time-based grouping windows
- Risk similarity assessment
- Materiality thresholds
- Portfolio-level vs contract-level
- Monitoring portfolio integrity
- Changes in portfolio composition
- Documentation for portfolio rationale
- Impact on DAC amortization
- Treatment of renewals and extensions
- Rebates and experience-based adjustments
- Lifecycle tracking spreadsheet
Module 3. General Model (Building Blocks Approach)
Apply the full general model to measure insurance contracts using the probability-weighted cash flow approach.
12 chapters in this module
- Fulfillment cash flow definition
- Reserve for remaining coverage
- Reserve for services to be performed
- Loss component identification
- Discounting at inception
- Risk adjustment methodology
- Time value of money inputs
- Cohort-level aggregation
- Uncertainty in claims development
- Sensitivity testing protocols
- Assumption governance framework
- Policyholder behavior modeling
Module 4. Variable Fee Approach (VFA)
Implement the variable fee approach for contracts where investment returns are passed through.
12 chapters in this module
- Pass-through condition
- Contract boundary definition
- Investment linkage tests
- Contractual service margin
- Changes in CSM over time
- Risk adjustments under VFA
- Linking to underlying assets
- Separation of return components
- Offsetting asset returns
- Disclosure requirements
- CSM release schedule
- Rebalancing triggers
Module 5. Premium Allocation Approach (PAA)
Apply the simplified premium allocation method for eligible short-duration contracts.
12 chapters in this module
- Eligibility criteria
- Short-duration threshold
- Expense recognition timing
- Policy benefit allocation
- Acquisition cost deferral
- Level of aggregation
- Amortization patterns
- Interim reporting shortcuts
- Transition to full model
- Documentation for reviewer
- PAA vs general model
- Audit trail completeness
Module 6. Contract Boundary and Modifications
Determine when changes constitute a modification, recomputation, or new contract.
12 chapters in this module
- Contract boundary stability
- Substantial modifications
- Negative service margins
- Cumulative catch-up accounting
- Reinsurance impact
- Modification vs inception
- Judgment documentation
- Change in risk profile
- Premium adjustments
- Termination rights
- Renewal options
- Embedded derivatives
Module 7. Reinsurance Accounting under IFRS 17
Apply IFRS 17 principles to reinsurance contracts held and distinguish from direct contracts.
12 chapters in this module
- Scope of reinsurance contracts
- Identification of risk transfer
- Reinsurance recoverables
- Measurement of CSM
- Offsetting direct and reinsurance
- Disaggregation of benefits
- Treatment of retrocessional
- Contractual service margin
- Risk adjustment alignment
- Disclosure requirements
- Timing differences
- Reinsurance profit recognition
Module 8. Transition Methods and Practical Expedients
Navigate the three transition methods and select appropriate practical expedients.
12 chapters in this module
- Full retrospective
- Modified retrospective
- Fair value approach
- Comparative period treatment
- First-time adoption entries
- Simplifications allowed
- Exemption use cases
- Impact on retained earnings
- Disclosures for transition
- Ledger-level adjustments
- Data availability workarounds
- Implementation timeline
Module 9. Disclosure Requirements and Narrative Design
Structure disclosures to meet transparency goals while minimizing complexity.
12 chapters in this module
- KPI selection
- Reconciliation templates
- Narrative clarity principles
- Presentation of CSM
- Risk adjustment explanation
- Sensitivity disclosures
- Assumption summaries
- Comparative structure
- Entity-specific context
- Avoiding boilerplate
- External reviewer alignment
- Stakeholder readability
Module 10. System and Process Readiness
Align data, systems, and controls to support ongoing IFRS 17 compliance.
12 chapters in this module
- Data lineage mapping
- Actuarial system integration
- Control points
- Change management scope
- Version control
- Automated reconciliation
- User access roles
- Audit trail generation
- Reporting cycle alignment
- ITGC compliance
- Validation rules
- System documentation
Module 11. Audit and Regulatory Engagement
Prepare for auditor inquiries and regulatory expectations around IFRS 17 judgments.
12 chapters in this module
- Audit request tracking
- Documentation standards
- Judgment rationale
- Pre-audit walkthroughs
- Regulator-facing summaries
- Peer benchmarking
- Challenge readiness
- Independent review package
- Common findings list
- Response draft templates
- Tone of communication
- Escalation protocols
Module 12. Sustaining Expertise and Internal Influence
Turn technical mastery into organizational recognition and long-term impact.
12 chapters in this module
- Knowledge transfer frameworks
- Internal training materials
- Stakeholder communication plan
- Cross-functional alignment
- Version control for updates
- Change in standards monitoring
- Building reference materials
- Influencing adjacent teams
- Creating maintainable templates
- Succession planning
- External speaking opportunities
- Building a personal brand
How this maps to your situation
- New IFRS 17 implementation
- Quarterly reporting cycle
- Audit preparation
- Interim engagement delivery
Before vs. after
Before
Reliance on external advisors and fragmented documentation leads to inconsistent IFRS 17 outputs
After
Internal team produces self-validating, precedent-setting outputs with clear rationale and stakeholder trust
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 week over 12 weeks, designed to fit around interim project cycles.
If nothing changes
Organizations that delay IFRS 17 maturity risk repeated auditor findings, inefficient reporting cycles, and over-reliance on consultants who don't understand the business context.
How this compares to the alternatives
Unlike generic IFRS 17 overviews, this course delivers practitioner-grade reasoning tools and documentation patterns used by top-tier firms , focused on recognition and influence, not just compliance.
Frequently asked
Is this course relevant for interim consultants?
Yes. It’s designed for professionals like you who move across organizations and need to establish credibility quickly with new teams and auditors.
How is the course structured?
12 modules, each containing 12 chapters (144 chapters total).
Can I use this for audit defense?
Yes. Each module includes templates and rationale patterns used in successful audit responses.
$199 one-time. Approximately 3 hours per week over 12 weeks, designed to fit around interim project cycles..
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