"IFRS 17 Explained" demystifies the complex world of the International Financial Reporting Standard (IFRS) 17 for insurance contracts. This comprehensive guide offers a harmonious blend of historical context, theoretical foundations, and real-world applications, making it an indispensable resource for both novices and seasoned professionals in the insurance and accounting sectors.
Key features:
Holistic Overview: From the roots of IFRS standards to the profound implications of IFRS 17 in the insurance landscape.
Practical Approach: Detailed case studies and real-world examples offer insights into the challenges and triumphs of transitioning to IFRS 17.
In-depth Analysis: Each chapter delves into critical aspects of the standard, such as measurement approaches, presentation requirements, and disclosure checklists, enriched with clear explanations and illustrative figures.
Resourceful Appendices: A curated list of additional readings, websites, and a handy glossary ensure you're well-equipped for deeper dives.
Interactive Elements: Engage actively with the content, courtesy of prompts, questions, and areas for note-taking embedded throughout.
Whether you're an insurance professional, an accountant, a student, or just keen on understanding the future of insurance accounting, "IFRS 17 Explained" stands as your definitive guide to the intricacies of this pivotal standard.