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Description

IFRS for Insurance: Applying, Measuring and Presenting Sector Accounts

Translating insurance obligations into financial statements aligned with international standards

  • 2 days — 14 h
  • In-person or virtual
  • Expert
  • Up to 6 participants

The move to international standards has profoundly changed the way insurance accounts are read. Contracts are grouped according to new criteria, margin is released over the coverage period and assets follow a classification logic distinct from that applied to liabilities. Accounting and actuarial teams share data without sharing a common vocabulary.

These two days are designed for experienced professionals. Participants deepen their understanding of contract measurement, connect the treatment of assets and liabilities, build the presentation aggregates and then identify the judgement areas that must be documented.

Learning objectives

  • Position the architecture of the IFRS framework applicable to the insurance sector
  • Define the scope of contracts and group them according to the selected criteria
  • Apply the measurement methods for insurance contract liabilities
  • Align the classification of financial assets with the treatment of liabilities
  • Build the required presentation statements and disclosure notes
  • Identify judgement areas and document the positions adopted

What makes this programme different

One contract tracked from initial recognition through to its presentation in the notes
Accounting and actuarial vocabularies reconciled live during the session
A review of judgement areas with the supporting evidence auditors expect

Programme

1Architecture of the framework

Positioning the standards that shape the accounts

  • Scope of contracts falling under the standard dedicated to insurance
  • Interaction with the standard on financial instruments
  • Level of aggregation and grouping of contracts
  • Impact on the organisation of systems and data

2Measurement of insurance contract liabilities

Measuring the obligation over time

  • Expected cash flows and discounting
  • Risk adjustment for non-financial risk
  • Contractual service margin and its movement
  • Measurement approaches and conditions for applying the simplified model
  • Onerous contracts and recognition of the loss

3Financial assets and asset-liability matching

Avoiding mismatches between assets and liabilities

  • Classification and measurement of financial assets
  • Impairment model and its consequences
  • Presentation options that limit accounting mismatches
  • Monitoring consistency between investments and obligations

4Presentation of the accounts and judgement

Making the statements readable and defensible

  • Structure of the income statement and the balance sheet
  • Separation of the insurance result and the financial result
  • Movement tables and disclosures in the notes
  • Documentation of assumptions and judgement areas

Who is it for

Accountants and accounting managers in insurance companies · actuaries · financial controllers · auditors and consultants working with insurance sector clients.

Prerequisites

Sound command of insurance accounting and practical experience of the IFRS framework.

Dates & locations

36 scheduled dates between November 2026 and December 2027. Seats are confirmed in the order enquiries are received.

November 2026

December 2026

January 2027

February 2027

March 2027

April 2027

May 2027

June 2027

September 2027

October 2027

November 2027

December 2027

None of these dates suit you? We open additional sessions on request, and any programme can be run privately for your team.

Practical details

Before the programme
Online positioning questionnaire. Your development objectives are shared with the trainer, who tailors the practical case studies to your context.
Teaching methods
Theoretical input, workshops and practical case studies. Digital course materials and method sheets provided.
Assessment
Multiple-choice tests and role-play exercises. Assessment of learning at the start and end of the programme, with immediate and 60-day follow-up evaluations.
After the programme
One year of access to the e-learning platform. Self-assessment of the skills acquired and a 30-day follow-up session with your trainer.
How to register
Registration online or on the basis of a quotation.
Lead time
11 working days after confirmation of registration.
Accessibility
Accessible to people of determination. Contact our accessibility coordinator to design a suitable solution: contact@mpf-academy.ae
Start dates
Rolling intake: in addition to the scheduled sessions, this programme can start on request.