Duration
The programme is available in two duration modes:
Fast track - 1 month
Standard mode - 2 months
Course fee
The fee for the programme is as follows:
Fast track - 1 month: £140
Standard mode - 2 months: £90
Assessment mode
Assignments or Quiz
Tutor support available
International Students can apply
Students from over 90 countries
Flexible study
Study anytime, from anywhere
Overview
Gain expertise in accounting for insurance contracts under IFRS with our Professional Certificate course. Explore key topics such as recognition, measurement, and disclosure requirements, ensuring compliance with international standards. Learn to navigate complex insurance contracts and apply practical insights to financial reporting. Empower yourself with actionable knowledge to thrive in the digital landscape of the insurance industry. Stay ahead of the curve with in-depth understanding and practical skills to excel in accounting for insurance contracts under IFRS. Enroll now to enhance your professional capabilities and advance your career in the dynamic world of insurance accounting.
Unlock your potential in the insurance industry with our Professional Certificate in Accounting for Insurance Contracts under IFRS. Dive deep into the complexities of accounting for insurance contracts, mastering the latest International Financial Reporting Standards (IFRS) guidelines. Our comprehensive program equips you with the knowledge and skills needed to excel in this specialized field. Learn from industry experts, engage in real-world case studies, and gain practical experience to enhance your career prospects. Stay ahead of the curve and enhance your professional credibility with this in-demand certification. Enroll now and take the first step towards a successful career in insurance accounting.
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Entry requirements
The program follows an open enrollment policy and does not impose specific entry requirements. All individuals with a genuine interest in the subject matter are encouraged to participate.Course structure
• IFRS 17 Overview • Scope and Definitions • Recognition and Measurement • Presentation and Disclosure • Transition and Implementation • Contractual Service Margin • Risk Adjustment • Reinsurance • Variable Fee Approach • Business Combinations
The Professional Certificate in Accounting for Insurance Contracts under IFRS is a comprehensive course designed to equip individuals with the necessary skills and knowledge to navigate the complex world of insurance accounting under International Financial Reporting Standards (IFRS).
Key learning outcomes of this course include understanding the principles and requirements of IFRS 17, the standard specifically designed for insurance contracts. Participants will also learn how to apply these principles in practice, including measuring insurance contracts, recognizing revenue, and presenting financial statements in compliance with IFRS.
This course is highly relevant to professionals working in the insurance industry, including accountants, auditors, financial analysts, and regulators. With the increasing adoption of IFRS globally, having a solid understanding of accounting for insurance contracts under IFRS is essential for anyone involved in the insurance sector.
One of the unique features of this course is its practical approach to learning. Participants will have the opportunity to work on real-life case studies and scenarios, allowing them to apply their knowledge in a hands-on manner. This practical experience will not only enhance their understanding of the subject matter but also prepare them for real-world challenges they may face in their careers.
Overall, the Professional Certificate in Accounting for Insurance Contracts under IFRS is a valuable investment for anyone looking to enhance their expertise in insurance accounting and stay ahead in the ever-evolving world of financial reporting standards.
Key learning outcomes of this course include understanding the principles and requirements of IFRS 17, the standard specifically designed for insurance contracts. Participants will also learn how to apply these principles in practice, including measuring insurance contracts, recognizing revenue, and presenting financial statements in compliance with IFRS.
This course is highly relevant to professionals working in the insurance industry, including accountants, auditors, financial analysts, and regulators. With the increasing adoption of IFRS globally, having a solid understanding of accounting for insurance contracts under IFRS is essential for anyone involved in the insurance sector.
One of the unique features of this course is its practical approach to learning. Participants will have the opportunity to work on real-life case studies and scenarios, allowing them to apply their knowledge in a hands-on manner. This practical experience will not only enhance their understanding of the subject matter but also prepare them for real-world challenges they may face in their careers.
Overall, the Professional Certificate in Accounting for Insurance Contracts under IFRS is a valuable investment for anyone looking to enhance their expertise in insurance accounting and stay ahead in the ever-evolving world of financial reporting standards.
| Industry Demand for Professional Certificate in Accounting for Insurance Contracts under IFRS |
|---|
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According to a report by the Association of Chartered Certified Accountants (ACCA), the demand for professionals with expertise in accounting for insurance contracts under International Financial Reporting Standards (IFRS) is on the rise in the UK insurance industry. The implementation of IFRS 17 has created a need for specialized knowledge in this area to ensure compliance and accurate financial reporting within insurance companies. With the insurance sector being a significant contributor to the UK economy, there is a growing demand for individuals who possess the Professional Certificate in Accounting for Insurance Contracts under IFRS to fill key roles in insurance companies and accounting firms. |
Career path
| Career Roles | Key Responsibilities |
|---|---|
| Insurance Accountant | Prepare financial statements for insurance contracts |
| Insurance Auditor | Review and analyze insurance contract accounting practices |
| Insurance Compliance Officer | Ensure adherence to IFRS standards in insurance contract accounting |
| Insurance Financial Analyst | Conduct financial analysis of insurance contracts |