Assessment mode Assignments or Quiz
Tutor support available
International Students can apply Students from over 90 countries
Flexible study Study anytime, from anywhere

Overview

Embark on a transformative journey with our Certified Professional in Accounting for Insurance Contracts under IFRS course. Dive deep into key topics such as IFRS 17, insurance contract accounting, and financial reporting. Gain actionable insights to navigate the complexities of insurance accounting in the digital age. Empower yourself with the knowledge and skills needed to excel in the ever-evolving landscape of insurance accounting. Join us and unlock new opportunities for growth and success in the dynamic world of insurance finance. Enroll now and take the first step towards becoming a certified expert in accounting for insurance contracts under IFRS.

Embark on a rewarding career path as a Certified Professional in Accounting for Insurance Contracts under IFRS. This comprehensive program equips you with the knowledge and skills needed to excel in the complex world of insurance accounting. Learn how to navigate the intricacies of IFRS standards, analyze insurance contracts, and ensure compliance with regulatory requirements. Our expert instructors will guide you through real-world case studies and practical exercises to enhance your understanding and application of accounting principles. Join us today and become a trusted financial expert in the insurance industry. Take the first step towards a successful accounting career!

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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 of IFRS 17 • Recognition and Measurement • Presentation and Disclosure • Transition to IFRS 17 • Contractual Service Margin • Risk Adjustment • Reinsurance • Group Accounting under IFRS 17 • Interim Financial Reporting under IFRS 17

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

The course 'Certified Professional in Accounting for Insurance Contracts under IFRS' is designed to equip individuals with the necessary skills and knowledge to excel in the insurance industry.
Key learning outcomes of this course include a deep understanding of International Financial Reporting Standards (IFRS) as they relate to insurance contracts, the ability to apply accounting principles to insurance transactions, and proficiency in preparing financial statements for insurance companies.
This course is highly relevant to professionals working in the insurance sector, including accountants, auditors, financial analysts, and insurance underwriters.
By obtaining certification in Accounting for Insurance Contracts under IFRS, individuals can enhance their career prospects, demonstrate their expertise in insurance accounting, and stay ahead of industry trends.
One of the unique features of this course is its focus on practical applications, allowing participants to gain hands-on experience in analyzing insurance contracts, calculating reserves, and interpreting financial data.
Overall, the Certified Professional in Accounting for Insurance Contracts under IFRS course offers a comprehensive and specialized education that is essential for success in the dynamic field of insurance accounting.

Certified Professional in Accounting for Insurance Contracts under IFRS is required to ensure compliance with the International Financial Reporting Standards (IFRS) specifically tailored for the insurance industry. This certification equips professionals with the necessary skills and knowledge to accurately account for insurance contracts, which are complex and require specialized accounting treatment under IFRS. With the increasing complexity of insurance products and regulations, having a certified professional in this field is essential for insurance companies to maintain transparency and accuracy in their financial reporting.

Industry Demand Statistics
Projected Growth According to the Office for National Statistics, jobs in the insurance industry are projected to grow by 5% over the next decade.

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 Manager Ensure compliance with IFRS standards for insurance contracts
Insurance Financial Analyst Conduct financial analysis of insurance contracts
Insurance Risk Manager Assess and manage risks associated with insurance contracts