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IFRS 17 will fundamentally change the accounting for all entities that issue contracts within the scope of the standard for insurance contracts. The issuers of insurance contracts will need to use consistent measurement models based on current assumptions at a more granular level. Both the income statement and balance sheet will change. There are a number of decisions and choices to be made when implementing the new standard. Our IFRS 17 specialists will explain the key areas of the standard.
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Gail Tucker and Sandra Thompson, our IFRS 17 and IFRS 9 leaders, explain the scope of the new insurance standard.
To provide all levels of staff with a solid understanding of IFRS 17 and know how it relates to your business, our comprehensive e-learning educates your people, where and when they need it.
IFRS 17 will have wide reaching implications, and will impact staff involved with systems, data and processes, not just finance and IFRS 17 project teams. A common level of understanding will get you on the right track to ensuring your IFRS 17 project achieves its objectives and budget.
Partner, IFRS Specialist , PwC United Kingdom
Tel: +44 207 212 3867