คอร์สอบรม Developing IFRS 17 Insurance Contract

Developing IFRS 17 Insurance Contract

รายละเอียด Developing IFRS 17 Insurance Contract

  • ดูตาราง/สถานที่คอร์สอบรม คลิก

รายละเอียดคอร์สอบรม



As the title refers, this course attempts to develop confidence in applying IFRS 17 from the fundamental level. The participants are expected to build themselves into applying IFRS 17 confidently especially in the insurance industries.

IFRS 17 replaces IFRS 4 on accounting for insurance contracts. IFRS 17 is effective for annualreporting periods beginning on or after 1 January 2023. However, each country will differ in terms of the effective date of adopting IFRS 17. For example, IFRS 17 would be effective from 1 January 2024 in Thailand and from 1 January 2025 in Indonesia. The financial services authorities of each country encourages the insurance industry to adopt IFRS 17 as soon as possible. The features in insurance products are increasingly diverse which entails a sound accounting standards. IFRS 17 will make the Financial Statements of insurance companies more comparable with other industries such as banking and other financial services. The most significant thing in IFRS 17 compared to the previous standard IFRS 4 is that the premiums are not recognized directly as income. There are 3 methods of revenue recognition in the insurance industry, namely the Building Block Approach, Premium Allocation Approach, and Variable Fee Approach.

What will you learn

1. Difference between IFRS 4 and IFRS 17

2. Contractual Service Margin (CSM)

3. Accounting for Building Block Approach (BBA)

4. Revenue Recognition by Releasing CSM

5. Accounting for Premium Allocation Approach (PAA)

6. Accounting for Variable Fee Approach (VFA)

7. Onerous Contract

8. Financial statement using IFRS 17

Who Should Attend :

Accountant, Actuary, IT Person, Decision Maker, Regulator

This is the registration link https://forms.gle/X6TcZnm7fhnAvQA9A

Duration: 09.00 -14.30 hours (Bangkok time)

Trainer : Dr. Ahalik, CPA, CA, Asean CPA "Partner of Public Accountant Firm, Accounting Lecturer, and Author"

Training platform: Zoom application

Application software: Spreadsheet

Registration fee: USD 250/ 8800 Thai Baht person

Special discount for early bird!! USD 200/ 7000 Thai Baht person (from today to 25 August 2023)

Certificate:

Successful candidates will be awarded with certificate of achievement and transcript.


ตาราง/สถานที่คอร์สอบรม



รอบ วันอบรม เวลา สถานที่
1 พุธที่ 6 ก.ย. 2023 09:00 - 14:30 น. Zoom Application

ข้อมูลอบรม

ข้อมูลติดต่อ

  • ชื่อวิทยากร/หน่วยงาน/บริษัท: AIT Extension
  • ชื่อผู้ติดต่อ: Thaniya Jirasathitpornpong
  • เบอร์มือถือ: 081 617-1722
  • เบอร์โทรอื่นๆ: 025245312
  • อีเมล: thaniya@ait.ac.th
  • เว็บไซต์: https://extension.ait.ac.th/course/ifrs-series-developing-ifrs-17-insurance-contract
  • LINE Id: -

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