Outcomes
By the end of this training course, trainees will be able to :
- Understand the various accounting treatments of insurance contracts, including the measurement, recognition, derecognition, discount rates, and contractual service margin
- Apply relevant financial reporting standards of insurance contracts in practical cases.
- Identify and apply disclosure requirements of insurance contracts in financial reports and notes.
- Understand the objective of applying IFRS 18.
- Apply the new requirements for presentation in financial statements.
- Apply the new requirements for disclosure in financial statements.
Target Group
- Accountants/Senior Accountants in financial institutions and companies/Insurance companies.
- Those who are dealing with insurance contracts.
- Preparers of financial statements.
- Senior Accountants in financial institutions and companies .
- Credit managers.
- Those who in charge of preparing financial statements.