The wait for IFRS 17 is over! The IASB has now released the new standard and it’s time to get started!
Join us on 21 June 2017 to gain insight into this new accounting standard.
IFRS 17 is the biggest shake up in insurance reporting for decades, impacting all insurers that report under IFRS. The aim of IFRS 17 is to provide more transparency and comparability than current accounting standards.
Systems and processes will likely change significantly to accommodate the granularity of data needed to comply. We have already noticed a trend of companies taking the opportunity to revamp and update legacy systems, as part of wider transformation projects, to get a bigger return for their investment.
Both insurers and analysts need to assess the full impact on telling a company’s performance story. Key performance indicators and income statements will look significantly different following implementation.
Join us on 21 June 2017 for our IFRS 17 Insurance Contracts - 'Getting started!' event to gain insight into:
|Date||Wednesday 21 June 2017|
|Time||16:00 - 18:30|
|Expense||This event is free of charge|
|18:30||Cocktail and networking event|
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