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FIN6446 Mastering IFRS 17 for Financial Services Relationship Managers

$199.00
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What do you take away from the IFRS 17 for Financial Services Relationship course?

Produce IFRS 17 disclosures that require no rework during internal review Reference authoritative implementation guidance when client questions arise Align financial narrative with technical compliance requirements seamlessly Reduce time spent reconciling between actuarial inputs and reporting outputs Confidently present defensible reporting positions to senior stakeholders.

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.

What does the IFRS 17 for Financial Services Relationship cover on delivery and format?

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 12 hours of focused learning, designed for completion over 3, 4 weeks with weekly application.

How does this compare to the alternatives?

Unlike generic IFRS training, this course focuses specifically on IFRS 17 implementation challenges faced by financial services professionals, with templates and examples tailored to relationship managers and reporting leads in investment banking environments.

What does the IFRS 17 for Financial Services Relationship cover on frequently asked?

Within 24 hours your account in the learning environment is provisioned and the tailored implementation playbook is delivered alongside it.

How is the IFRS 17 for Financial Services Relationship delivered?

The IFRS 17 for Financial Services Relationship is fully self-paced with immediate online access after enrolment. Access does not expire and future updates are included at no cost. A certificate of completion is issued by The Art of Service when you finish.

How much does the IFRS 17 for Financial Services Relationship cost?

The IFRS 17 for Financial Services Relationship is $199 as a one time payment. There is no subscription and no hidden fee. Enrolment carries a 30 day satisfied or refunded guarantee, so it can be assessed in full before you commit.

Closely related courses: IFRS 17 in Financial Reporting Kit, GAAP Vs IFRS in Financial Reporting Kit, Direct influence over IFRS 17 financial disclosures, International Financial Reporting Standards (IFRS).

More answers: what you get with every course, refund policy, all help answers.

A tailored course, built for your situation

Mastering IFRS 17 for Financial Services Relationship Managers

Build defensible, audit-ready financial reporting frameworks with precision

$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.
Avoid last-minute adjustments and auditor pushback on financial disclosures

Who this is for

Financial Services Relationship Manager at a global investment bank, responsible for client financial reporting oversight and regulatory compliance alignment

Who this is not for

Entry-level analysts, auditors focused solely on fieldwork, or technical accounting staff without client-facing reporting responsibilities

What you walk away with

  • Produce IFRS 17 disclosures that require no rework during internal review
  • Reference authoritative implementation guidance when client questions arise
  • Align financial narrative with technical compliance requirements seamlessly
  • Reduce time spent reconciling between actuarial inputs and reporting outputs
  • Confidently present defensible reporting positions to senior stakeholders

The 12 modules (with all 144 chapters)

Module 1. IFRS 17 Fundamentals and Scope Definition
Establish a solid foundation in IFRS 17 principles, including separation of insurance contracts, contract boundary setting, and applicability to financial services portfolios.
12 chapters in this module
  1. Understanding the core objectives of IFRS 17 standard
  2. Identifying insurance contracts within complex financial products
  3. Distinguishing IFRS 17 from local GAAP and tax treatment
  4. Applying the coverage extension practical expedient
  5. Determining contract acquisition costs inclusion criteria
  6. Evaluating modifications to existing contracts under IFRS 17
  7. Recognizing the timing of initial measurement events
  8. Assessing embedded derivatives in insurance contracts
  9. Mapping policyholder benefits to liability recognition
  10. Applying the risk adjustment for non-financial risk
  11. Documenting the transition approach from previous standards
  12. Building a scope checklist for recurring review cycles
Module 2. Measurement Models: GMM, PAA, and VFA
Compare and apply the General Measurement Model, Premium Allocation Approach, and Variable Fee Approach, with emphasis on selection rationale and documentation.
12 chapters in this module
  1. Overview of the three IFRS 17 measurement methodologies
  2. Determining eligibility for Premium Allocation Approach
  3. Calculating liability for remaining coverage in PAA
  4. Applying the Variable Fee Approach to investment contracts
  5. Defining investment components under VFA rules
  6. Linking fee variability to underlying items accurately
  7. Setting discount rates for cash flow projections
  8. Incorporating experience adjustments in GMM
  9. Handling currency translation in multi-jurisdiction portfolios
  10. Aggregating contracts into measurement groups correctly
  11. Justifying model choice to internal audit teams
  12. Documenting model assumptions for external scrutiny
Module 3. Fair Value Measurement and Discounting
Implement accurate fair value practices for liability measurement, including discount rate selection and risk adjustment methodology.
12 chapters in this module
  1. Establishing appropriate yield curves for discounting
  2. Incorporating liquidity premiums in discount rates
  3. Applying credit value adjustment to liabilities
  4. Using observable data for rate calibration
  5. Handling non-observable inputs with transparency
  6. Updating discount rates on a consistent basis
  7. Aligning discounting practices with IFRS 13
  8. Assessing materiality of rate changes quarterly
  9. Documenting the rationale for risk adjustment levels
  10. Applying time value of money to long-dated liabilities
  11. Reconciling model outputs with actuarial reports
  12. Producing audit-ready discount rate workpapers
Module 4. Data Requirements and System Integration
Identify and structure the data needed for IFRS 17 compliance, and understand how to integrate it across actuarial, finance, and reporting systems.
12 chapters in this module
  1. Mapping data sources for contractual cash flows
  2. Validating actuarial model inputs for compliance
  3. Integrating policy administration systems with general ledger
  4. Ensuring data lineage from source to disclosure
  5. Designing data quality controls for monthly runs
  6. Handling foreign currency data across regions
  7. Documenting data transformations in ETL processes
  8. Aligning data definitions with IFRS 17 glossary
  9. Tracking changes in assumptions over time
  10. Building reconciliation routines between systems
  11. Testing data accuracy with sample audit trails
  12. Producing data governance documentation for auditors
Module 5. Disclosure Framework and Narrative Construction
Build comprehensive and readable disclosures that satisfy both technical and executive audiences, with structured narrative support.
12 chapters in this module
  1. Organizing disclosures by materiality and audience
  2. Describing measurement policies with clarity
  3. Explaining key assumptions in plain language
  4. Presenting sensitivity analysis effectively
  5. Linking risk exposure to financial impact statements
  6. Summarizing portfolio composition for stakeholders
  7. Highlighting changes from prior reporting periods
  8. Including reconciliations of opening and closing balances
  9. Reporting on risk management strategy contextually
  10. Formatting tables for readability and audit reference
  11. Aligning disclosures with internal control documentation
  12. Preparing footnotes that withstand external review
Module 6. Transition Methods and Practical Expedients
Apply transition options correctly, including full and modified retrospective approaches, and leverage practical expedients where eligible.
12 chapters in this module
  1. Choosing between full and modified transition paths
  2. Applying the practical expedient for acquisition costs
  3. Handling contracts with no directly attributable costs
  4. Documenting transition date election decisions
  5. Measuring opening balances under new standard
  6. Incorporating previously recognized profits or losses
  7. Allocating costs across overlapping policies
  8. Using the portfolio practical expedient appropriately
  9. Applying transition guidance to acquired portfolios
  10. Reporting comparative periods consistently
  11. Auditing transition workpapers for completeness
  12. Updating accounting policies post-transition
Module 7. Internal Controls and Audit Readiness
Design and document controls around IFRS 17 processes to ensure audit readiness and reduce findings during external review cycles.
12 chapters in this module
  1. Identifying key controls in the IFRS 17 workflow
  2. Documenting control objectives for each process step
  3. Designing preventative and detective controls
  4. Testing controls for operating effectiveness
  5. Integrating control logs with reporting calendars
  6. Managing segregation of duties in reporting teams
  7. Updating control documentation after system changes
  8. Linking controls to SOX 404 requirements where applicable
  9. Preparing for walkthroughs with external auditors
  10. Tracking control exceptions through resolution
  11. Using automated monitoring tools for data consistency
  12. Producing control summaries for executive review
Module 8. Intercompany and Consolidation Considerations
Handle intercompany transactions and consolidation challenges specific to IFRS 17, ensuring group-level reporting accuracy.
12 chapters in this module
  1. Identifying intercompany reinsurance arrangements
  2. Eliminating intra-group transactions at consolidation
  3. Applying hedge accounting in an IFRS 17 context
  4. Allocating capital across entities consistently
  5. Reporting segment-level impacts of IFRS 17
  6. Reconciling inter-subsidiary exposures and offsets
  7. Handling currency differences in cross-border portfolios
  8. Applying group-wide discount rate policies
  9. Documenting consolidation adjustments clearly
  10. Aligning local entity reporting with group timelines
  11. Managing fiscal period mismatches across regions
  12. Producing consolidated disclosure notes accurately
Module 9. Stakeholder Communication and Executive Summaries
Translate complex IFRS 17 concepts into clear, actionable summaries for executives and board-level audiences.
12 chapters in this module
  1. Summarizing financial impact for non-technical leaders
  2. Explaining key judgment areas in simple terms
  3. Creating dashboards for ongoing monitoring
  4. Highlighting volatility drivers in earnings
  5. Managing expectations around reporting changes
  6. Building executive briefing templates
  7. Presenting materiality thresholds clearly
  8. Linking IFRS 17 outcomes to strategic decisions
  9. Anticipating common stakeholder questions
  10. Using visuals to convey complex liability structures
  11. Aligning messaging across departments
  12. Updating leadership on implementation milestones
Module 10. Regulatory Interaction and Interpretation Updates
Stay current with evolving interpretations from IASB and national regulators, and adapt disclosures accordingly.
12 chapters in this module
  1. Tracking IASB implementation guidance updates
  2. Interpreting IFRS Interpretations Committee rulings
  3. Applying jurisdiction-specific modifications
  4. Responding to regulator inquiries on IFRS 17
  5. Documenting policy elections consistently
  6. Preparing for regulatory review cycles
  7. Engaging with auditors on interpretation questions
  8. Building a watchlist for upcoming clarifications
  9. Incorporating EBA or APRA guidance where relevant
  10. Updating accounting policies based on new rulings
  11. Sharing regulatory updates with internal teams
  12. Maintaining a reference library of interpretations
Module 11. Technology Enablers and Reporting Tools
Leverage existing systems and tools to streamline IFRS 17 reporting and reduce manual effort.
12 chapters in this module
  1. Evaluating actuarial modeling platforms for compliance
  2. Integrating financial reporting systems with source data
  3. Using Power BI for disclosure visualization
  4. Automating data validation checks
  5. Setting up exception reporting dashboards
  6. Managing version control for assumption files
  7. Applying workflow tools to approval processes
  8. Using document management systems for audit trails
  9. Linking Excel templates to centralized repositories
  10. Building reusable report templates
  11. Testing system outputs against manual calculations
  12. Ensuring data security in distributed environments
Module 12. Ongoing Maintenance and Future-Proofing
Establish routines for continuous improvement and adaptability as IFRS 17 evolves and portfolios change.
12 chapters in this module
  1. Scheduling regular assumption reviews
  2. Updating models for portfolio shifts
  3. Managing staff turnover in reporting roles
  4. Conducting post-implementation reviews
  5. Benchmarking against peer practices
  6. Planning for annual update cycles
  7. Updating training materials for new hires
  8. Refining data collection processes
  9. Improving disclosure language over time
  10. Tracking emerging industry best practices
  11. Aligning with future IFRS revisions
  12. Maintaining a living implementation playbook

How this maps to your situation

  • Initial implementation phase
  • First full annual reporting cycle
  • Audit review preparation
  • Ongoing disclosure maintenance

Before vs. after

Before
IFRS 17 reporting requires multiple review cycles, involves back-and-forth with auditors, and lacks consistent narrative across teams.
After
Disclosures are accurate, consistent, and audit-ready on the first submission, with clear rationale and stakeholder-aligned messaging.

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 12 hours of focused learning, designed for completion over 3, 4 weeks with weekly application.

How this compares to the alternatives

Unlike generic IFRS training, this course focuses specifically on IFRS 17 implementation challenges faced by financial services professionals, with templates and examples tailored to relationship managers and reporting leads in investment banking environments.

Frequently asked

How is the course structured?
12 modules, each containing 12 chapters (144 chapters total).
Is prior technical accounting experience required?
No , the course is designed for relationship and reporting professionals who need to understand and communicate IFRS 17 outcomes, not just implement the math.
$199 one-time. Approximately 12 hours of focused learning, designed for completion over 3, 4 weeks with weekly application..

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