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FIN2851 Mastering IFRS 17 for Senior Managing Directors in Financial Services

$199.00
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A tailored course, built for your situation

Mastering IFRS 17 for Senior Managing Directors in Financial Services

Build auditable, regulator-ready financial reporting frameworks with confidence and 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.
Spending too much time reconciling IFRS 17 outputs across entities and audit cycles?

The situation this course is for

IFRS 17 isn’t just a reporting update, it’s a structural shift in how financial services firms model liabilities, recognize profits, and validate assumptions. For senior leaders, this means increased scrutiny, longer audit cycles, and more peer teams pushing conflicting interpretations. Without a consistent, defensible framework, time is wasted in revisions, escalations, and reactive fixes, just when strategic work needs momentum.

Who this is for

Senior financial executive in a global financial services firm, responsible for regulatory reporting, audit readiness, and cross-functional alignment on complex accounting standards. Trusted with high-visibility work including M&A, regulator engagements, and executive-level financial disclosures.

Who this is not for

This course is not for junior accountants, auditors-in-training, or professionals focused only on local GAAP. It’s not for those seeking an overview of IFRS basics or general financial literacy.

What you walk away with

  • Own end-to-end IFRS 17 implementation with clear accountability across subsidiaries
  • Deliver regulator-facing review packages that require no peer escalation
  • Embed audit-ready evidence into routine reporting cycles
  • Lead cross-functional alignment with actuarial, tax, and compliance teams
  • Ship first-time-accepted financial validations for M&A target integrations

The 12 modules (with all 144 chapters)

Module 1. IFRS 17 Foundations for Financial Services Leaders
Establish a working command of IFRS 17 principles tailored to complex, multi-jurisdictional financial institutions. Understand the core shifts in liability modeling, profit recognition, and discount rate application that differentiate IFRS 17 from legacy standards.
12 chapters in this module
  1. Understanding the scope of IFRS 17 applicability in banking and insurance
  2. Key differences between IFRS 4 and IFRS 17 in financial reporting
  3. Identifying insurance contracts under IFRS 17 definitions
  4. The three measurement models: GMM, PV, and premium allocation
  5. How IFRS 17 affects balance sheet presentation and volatility
  6. Transition options: full, modified, and practical expedients
  7. Role of judgment in contract boundary assessments
  8. Treatment of reinsurance contracts under IFRS 17
  9. Interaction with Solvency II and other regulatory regimes
  10. Impact on earnings visibility and investor reporting
  11. Common missteps in early adoption phases
  12. Building a cross-functional readiness team
Module 2. Designing the IFRS 17 Data Architecture
Map data requirements from policy inception to reporting with precision. Learn how to structure source systems, validate data lineage, and ensure completeness for liability cash flow modeling.
12 chapters in this module
  1. Core data elements required for CSM calculations
  2. Policy-level granularity vs aggregation thresholds
  3. Integrating actuarial models with financial reporting systems
  4. Validating the completeness of historical loss development
  5. Handling foreign currency translation in liability cash flows
  6. Data retention requirements for audit defense
  7. Mapping data sources to disclosure templates
  8. Common gaps in legacy system coverage
  9. Building data quality controls into ingestion pipelines
  10. Role of ETL processes in IFRS 17 reporting
  11. Documenting data lineage for regulator inspections
  12. Versioning assumptions and inputs for reproducibility
Module 3. Implementing the Contractual Service Margin
Master the recognition, amortization, and release of the CSM across diverse product lines. Understand how to model service margins under varying contract structures and economic assumptions.
12 chapters in this module
  1. Initial recognition of the CSM at contract inception
  2. Amortization methods: straight-line vs variable
  3. Adjusting CSM for experience gains and losses
  4. Impact of risk adjustments on CSM dynamics
  5. CSM treatment in multi-year contracts with options
  6. Proportionate release of CSM in partial terminations
  7. CSM behavior under lapse assumptions
  8. Interaction between CSM and discount rate changes
  9. Reporting CSM in interim financial statements
  10. Common auditor challenges on CSM estimates
  11. Documentation standards for CSM model assumptions
  12. Peer review checklist for CSM calculations
Module 4. Building Discount Rate Curves
Construct and maintain regulator-compliant yield curves that reflect top-quartile credit quality. Learn how to source, validate, and apply discount rates that withstand external scrutiny.
12 chapters in this module
  1. Selecting appropriate benchmark instruments for curve construction
  2. Adjusting for liquidity and credit quality spreads
  3. Using swap rates vs government bonds in curve building
  4. Country-specific adjustments for emerging market portfolios
  5. Curve segmentation by duration and currency
  6. Backtesting discount rate assumptions against market movements
  7. Documentation required for external audit validation
  8. Handling illiquid markets with proxy construction
  9. Frequency of curve updates and governance
  10. Impact of rate volatility on liability measurements
  11. Peer benchmarking for curve selection
  12. Stress testing discount rates under adverse scenarios
Module 5. Actuarial Model Integration
Align actuarial valuation practices with finance reporting requirements. Ensure models produce outputs that are both technically sound and auditor-defensible.
12 chapters in this module
  1. Mapping actuarial outputs to IFRS 17 liability components
  2. Validating model assumptions for materiality thresholds
  3. Integrating risk margins into liability cash flows
  4. Treatment of parameter uncertainty in projections
  5. Model validation protocols for regulatory submissions
  6. Governance of model updates and version control
  7. Audit trail requirements for actuarial runs
  8. Handling model changes between reporting periods
  9. Cross-checking model outputs with financial aggregates
  10. Common misalignments between actuarial and finance teams
  11. Documentation for model peer reviews
  12. Liaising with external actuaries on reporting deliverables
Module 6. Audit-Ready Evidence Compilation
Assemble documentation that preempts auditor questions and accelerates sign-off. Learn what evidence packages are expected at each stage of the reporting cycle.
12 chapters in this module
  1. Standard evidence required for IFRS 17 compliance
  2. Organizing documentation by assertion type
  3. Audit package structure for internal vs external reviewers
  4. Supporting management judgments with source material
  5. Version-controlled spreadsheets and calculation logs
  6. Screenshots as acceptable evidence under auditor guidance
  7. Handling auditor follow-up requests efficiently
  8. Evidence for contract boundary assessments
  9. Proving completeness of portfolio inclusions
  10. Documenting materiality thresholds and cutoffs
  11. Retention schedules for audit defense
  12. Checklist for pre-submission evidence review
Module 7. Navigating Regulator Engagement
Prepare for and lead interactions with financial regulators. Understand reporting expectations and escalation protocols for non-compliance.
12 chapters in this module
  1. Regulator expectations for IFRS 17 disclosures
  2. Common areas of focus in supervisory reviews
  3. Preparing narrative explanations for volatility
  4. Responding to regulator inquiries on assumption changes
  5. Engagement protocols with central bank examiners
  6. Coordinating responses across legal entities
  7. Handling confidential treatment requests
  8. Escalation paths for unresolved disagreements
  9. Timing of submissions relative to financial statements
  10. Lessons from early adopter regulator inspections
  11. Building a standing regulator relationship
  12. Preparing for on-site supervisory visits
Module 8. M&A Integration and IFRS 17
Lead post-acquisition integration of IFRS 17 frameworks. Ensure acquired portfolios are valued and reported in compliance with standard timelines.
12 chapters in this module
  1. Assessing target readiness for IFRS 17 compliance
  2. Valuing acquired insurance contracts at acquisition date
  3. Determining CSM for acquired portfolios
  4. Integrating actuarial models from target systems
  5. Data migration challenges in M&A contexts
  6. Timeline for first post-acquisition reporting
  7. Handling different transition dates in combined reporting
  8. Consolidation adjustments under IFRS 17
  9. Disclosing acquisition-related assumptions
  10. Engaging auditors during integration
  11. Benchmarking target performance against peers
  12. Post-integration review and optimization
Module 9. Cross-Border Reporting Considerations
Manage IFRS 17 implementation across multiple jurisdictions with differing enforcement timelines and interpretation guidance.
12 chapters in this module
  1. Harmonizing group reporting with local regulatory regimes
  2. Currency translation under IFRS 17 and IAS 21
  3. Jurisdiction-specific interpretation differences
  4. Local GAAP to IFRS 17 reconciliation workflows
  5. Coordinating with regional financial controllers
  6. Timing misalignments in reporting cycles
  7. Transfer pricing implications under IFRS 17
  8. Tax implications of CSM movements
  9. Regulatory filing requirements by country
  10. Centralized vs decentralized implementation models
  11. Managing language and documentation standards
  12. Liaising with international audit teams
Module 10. Internal Governance and Oversight
Establish controls that ensure ongoing compliance and accountability. Design review cycles and escalation protocols to maintain standards.
12 chapters in this module
  1. Setting up an IFRS 17 steering committee
  2. Role of finance vs actuarial vs compliance teams
  3. Monthly review of key assumptions and variances
  4. Escalation thresholds for model deviations
  5. Change control processes for assumption updates
  6. Internal audit testing protocols
  7. Documentation standards for peer sign-offs
  8. Training programs for regional reporting teams
  9. Managing turnover in key roles
  10. Succession planning for IFRS 17 expertise
  11. Lessons from implementation failures
  12. Continuous improvement of reporting frameworks
Module 11. Disclosure Framework Development
Build comprehensive, reader-friendly disclosures that satisfy both regulators and investors. Avoid common omissions and clarity pitfalls.
12 chapters in this module
  1. Required disclosures under IFRS 17 standards
  2. Segmenting disclosures by product and region
  3. Presenting CSM rollforward statements clearly
  4. Explaining risk adjustments to non-technical readers
  5. Quantitative vs narrative disclosure balance
  6. Using visuals to explain complex concepts
  7. Footnote drafting standards for auditors
  8. Handling forward-looking statements safely
  9. Disclosure of sensitivity analyses
  10. Benchmarking against peer reporting
  11. Review process for disclosure accuracy
  12. Timing coordination with earnings releases
Module 12. Future-Proofing the IFRS 17 Framework
Anticipate upcoming amendments and market shifts. Build a framework that adapts to changes without full reimplementation.
12 chapters in this module
  1. Tracking IFRS 17 amendment proposals
  2. Engaging with standard setters through industry groups
  3. Assessing impact of proposed changes on current systems
  4. Maintaining flexibility in data architecture
  5. Building modular components for easy updates
  6. Lessons from IFRS 9 implementation cycles
  7. Preparing for potential ESG-linked adjustments
  8. Integrating scenario planning into reporting
  9. Investor expectations for transparency
  10. Benchmarking against top-tier reporting teams
  11. Documentation for future audit defense
  12. Handover playbook for new team members

How this maps to your situation

  • Initial adoption and readiness
  • Ongoing compliance and audit defense
  • M&A and portfolio expansion
  • Future amendments and adaptation

Before vs. after

Before
IFRS 17 work is reactive, fragmented across teams, and subject to repeated auditor and regulator follow-ups.
After
You own a consistent, defensible framework that produces audit-ready outputs and positions you as the go-to leader for high-stakes financial governance.

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 3-4 hours per module, designed to fit around executive schedules.

If nothing changes
Without a structured approach, IFRS 17 compliance becomes a recurring drain on resources, exposes the organization to audit findings, and limits your ability to take on strategic assignments like M&A or regulator-facing reviews.

How this compares to the alternatives

Unlike generic IFRS 17 overviews or academic texts, this course is built for senior practitioners who need to implement, defend, and lead under real-world constraints , with templates, checklists, and playbooks used by top-tier financial services firms.

Frequently asked

Is this course relevant if we’ve already adopted IFRS 17?
Yes. The course focuses on audit defense, regulator engagement, M&A integration, and continuous improvement , challenges that emerge after initial adoption.
How is the course structured?
12 modules, each containing 12 chapters (144 chapters total).
Are templates specific to our jurisdiction?
Templates are designed for global applicability with guidance on local adaptation, including US, EU, UK, and APAC regulatory nuances.
$199 one-time. Approximately 3-4 hours per module, designed to fit around executive schedules..

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
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