A tailored course, built for your situation
Mastering IFRS 17 for Actuarial Audit Leaders
Build authoritative command of IFRS 17 implementation decisions in audit contexts
$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
Actuarial audit professionals in global firms managing IFRS 17 compliance with high scrutiny and tight timelines
Who this is not for
Junior auditors, non-actuarial staff, or practitioners focused solely on Solvency II without IFRS 17 exposure
What you walk away with
- Own the determination of materiality thresholds for IFRS 17 adjustments
- Make final decisions on model validation criteria for insurance contracts
- Approve disclosure language for IFRS 17 balances without senior input
- Control the timeline for audit responses to regulator inquiries under IFRS 17
- Lead cross-team alignment on transition approach choices for first-time adoption
The 12 modules (with all 144 chapters)
Module 1. IFRS 17 Foundations in Audit Contexts
Establish core principles of IFRS 17 as applied in audit engagements, focusing on measurement models, transition methods, and auditor responsibilities.
12 chapters in this module
- Scope of IFRS 17 in insurance contracts
- Identifying underlying insurance contracts
- Measurement model selection criteria
- General model vs variable fee approach
- Overlay model application
- Fair value considerations
- Discount rate determination audit points
- Loss recognition triggers
- Contract boundary definition
- Modification accounting
- Portfolio segmentation rules
- Aggregation level decisions
Module 2. Transition Approaches and Practical Application
Navigate full retrospective, modified retrospective, and fair value options with audit-specific documentation standards.
12 chapters in this module
- Full retrospective method steps
- Modified retrospective entry points
- Fair value practical expedient
- Prior period data sourcing strategies
- Materiality assessment for transitions
- Disclosure requirements by method
- Audit trail expectations
- Client documentation review
- Change management tracking
- System readiness validation
- Data reconciliation thresholds
- First-time adoption sign-off
Module 3. Measurement and Model Validation
Audit-grade validation of liability adequacy, risk adjustment, and financial assumptions.
12 chapters in this module
- Current estimate definition
- Loss component identification
- Risk adjustment methodologies
- Confidence level selection
- Time value of money inputs
- Inflation adjustments
- Future cash flow modeling
- Calibration to market data
- Model boundary checks
- Sensitivity testing standards
- Discount rate curves
- Stochastic vs deterministic approaches
Module 4. Disclosure Requirements and Audit Readiness
Ensure compliance with detailed note disclosures and auditor review expectations.
12 chapters in this module
- Balance sheet line items
- Income statement presentation
- Recognition timing disclosures
- Risk exposure summaries
- Model assumptions transparency
- Sensitivity analysis content
- Transition method disclosures
- Segment reporting rules
- Policy election statements
- Reconciliation formats
- Regulatory alignment checks
- Client approval workflows
Module 5. Interim Adjustments and Ongoing Compliance
Manage post-initial recognition changes and maintain compliance through reporting cycles.
12 chapters in this module
- Initial recognition adjustments
- Subsequent measurement rules
- Changes in estimates
- Portfolio reallocation events
- Disposals and reinsurance
- Onset of economic loss
- Loss recognition timing
- Recovery of acquisition costs
- Amortization patterns
- DAC amortization
- Unbundling embedded derivatives
- Hedging considerations
Module 6. Group-Level Reporting and Aggregation
Handle consolidation challenges and group-wide IFRS 17 reporting integrity.
12 chapters in this module
- Group structure mapping
- Intercompany eliminations
- Currency translation rules
- Jurisdictional differences
- Local GAAP conversions
- Consolidation timing
- Head office allocations
- Shared service impacts
- Transfer pricing rules
- Group audit coordination
- Materiality thresholds
- Subsidiary compliance tracking
Module 7. Audit Evidence and Documentation Standards
Build defensible, repeatable audit trails for IFRS 17 assertions.
12 chapters in this module
- Working paper standards
- Data source verification
- Model input traceability
- Assumption challenge logs
- Expert consultation records
- Peer review documentation
- Sampling methodology
- Testing frequency decisions
- Control deviation handling
- Exception escalation paths
- Final sign-off checklist
- Reviewer sign-off tracking
Module 8. Regulatory Interaction and Query Response
Prepare for and lead regulator-facing discussions on IFRS 17 positions.
12 chapters in this module
- Regulator inquiry patterns
- Response timeline expectations
- Position documentation
- Pre-submission alignment
- Tone and clarity standards
- Reference citation practices
- Cross-jurisdictional queries
- Data request handling
- Confidentiality protocols
- Escalation triggers
- Follow-up management
- Audit committee updates
Module 9. Vendor and Third-Party Oversight
Exercise control over external model providers and actuarial consultants.
12 chapters in this module
- Vendor selection criteria
- Scope definition for outsourced work
- Model validation requirements
- Service level agreement terms
- Audit rights negotiation
- Data privacy compliance
- Performance monitoring
- Change request controls
- Exit strategy planning
- Independence checks
- Conflict of interest screening
- Third-party review sign-off
Module 10. Cross-Functional Alignment and Leadership
Lead consistent application of IFRS 17 across actuarial, finance, and risk teams.
12 chapters in this module
- Stakeholder identification
- Communication plan design
- Assumption alignment sessions
- Change control process
- Feedback integration
- Escalation path clarity
- Decision ownership mapping
- Meeting rhythm setup
- Dispute resolution framework
- Knowledge transfer methods
- Training material standards
- Governance oversight
Module 11. Technology and System Enablement
Evaluate and approve systems supporting IFRS 17 compliance.
12 chapters in this module
- System capability assessment
- Integration requirements
- Data lineage tracking
- Automated controls
- User access management
- Change control procedures
- Testing protocols
- Audit log standards
- Reconciliation automation
- Reporting tool validation
- Scalability requirements
- Vendor system review
Module 12. Future-Proofing and Continuous Improvement
Adapt to evolving interpretations and maintain leadership edge.
12 chapters in this module
- IASB update monitoring
- Implementation guidance tracking
- Industry practice benchmarks
- Peer firm comparisons
- Lessons learned process
- Internal feedback loops
- Training program refresh
- Knowledge repository setup
- Succession planning
- Emerging risk identification
- Audit efficiency tracking
- Innovation pilot evaluation
How this maps to your situation
- Audit engagements with first-time IFRS 17 adoption
- Regulator inquiry response scenarios
- Vendor-led model implementation oversight
- Cross-functional alignment challenges
Before vs. after
Before
Dependent on senior review for complex IFRS 17 decisions, reactive to client and regulatory queries
After
Confidently signs off on IFRS 17 policy changes, model validations, and disclosures without escalation
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 18 hours over 6 weeks, designed for working professionals with audit delivery responsibilities.
How this compares to the alternatives
Unlike generic IFRS 17 training, this course focuses on audit-specific decision rights, giving you practical authority in real engagements rather than theoretical knowledge.
Frequently asked
Who is this course designed for?
Actuarial audit professionals in global firms leading IFRS 17 engagements who need to make authoritative decisions without escalation.
How is the course structured?
12 modules, each containing 12 chapters (144 chapters total).
Will this help with Solvency II alignment?
The course focuses on IFRS 17 decision ownership, though many concepts apply to Solvency II contexts in audit settings.
$199 one-time. Approximately 18 hours over 6 weeks, designed for working professionals with audit delivery responsibilities..
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