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International Financial Reporting Standard 17

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Overview

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Learning outcomes

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Course content

1

Contractual Service Margin

2

Insurance Contract Liability

3

Insurance Revenue

4

Reinsurance Contracts Held

5

Changes In Fulfillment Cash Flows

Career Path

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Key facts

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Why this course

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People also ask

There are no formal entry requirements for this course. You just need:

  • A good command of English language
  • Access to a computer/laptop with internet
  • Basic computer skills
  • Dedication to complete the course

We offer two flexible learning paths to suit your schedule:

  • Fast Track: Complete in 1 month with 3-4 hours of study per week
  • Standard Mode: Complete in 2 months with 2-3 hours of study per week

You can progress at your own pace and access the materials 24/7.

During your course, you will have access to:

  • 24/7 access to course materials and resources
  • Technical support for platform-related issues
  • Email support for course-related questions
  • Clear course structure and learning materials

Please note that this is a self-paced course, and while we provide the learning materials and basic support, there is no regular feedback on assignments or projects.

Assessment is done through:

  • Multiple-choice questions at the end of each unit
  • You need to score at least 60% to pass each unit
  • You can retake quizzes if needed
  • All assessments are online

Upon successful completion, you will receive:

  • A digital certificate from Stanmore School of Business
  • Option to request a physical certificate
  • Transcript of completed units
  • Certification is included in the course fee

We offer immediate access to our course materials through our open enrollment system. This means:

  • The course starts as soon as you pay course fee, instantly
  • No waiting periods or fixed start dates
  • Instant access to all course materials upon payment
  • Flexibility to begin at your convenience

This self-paced approach allows you to begin your professional development journey immediately, fitting your learning around your existing commitments.

Our course is designed as a comprehensive self-study program that offers:

  • Structured learning materials accessible 24/7
  • Comprehensive course content for self-paced study
  • Flexible learning schedule to fit your lifestyle
  • Access to all necessary resources and materials

This self-directed learning approach allows you to progress at your own pace, making it ideal for busy professionals who need flexibility in their learning schedule. While there are no live classes or practical sessions, the course materials are designed to provide a thorough understanding of the subject matter through self-study.

This course provides knowledge and understanding in the subject area, which can be valuable for:

  • Enhancing your understanding of the field
  • Adding to your professional development portfolio
  • Demonstrating your commitment to learning
  • Building foundational knowledge in the subject
  • Supporting your existing career path

Please note that while this course provides valuable knowledge, it does not guarantee specific career outcomes or job placements. The value of the course will depend on how you apply the knowledge gained in your professional context.

This program is designed to provide valuable insight and information that can be directly applied to your job role. However, it is not intended to replace or serve as an equivalent to obtaining a formal degree or diploma. Additionally, it should be noted that this course is not accredited by a accredited awarding body or regulated by an authorised institution/body.

What you will gain from this course:

  • Knowledge and understanding of the subject matter
  • A certificate of completion to showcase your commitment to learning
  • Self-paced learning experience
  • Access to comprehensive course materials
  • Understanding of key concepts and principles in the field

While this course provides valuable learning opportunities, it should be viewed as complementary to, rather than a replacement for, formal academic qualifications.

Our course offers a focused learning experience with:

  • Comprehensive course materials covering essential topics
  • Flexible learning schedule to fit your needs
  • Self-paced learning environment
  • Access to course content for the duration of your enrollment
  • Certificate of completion upon finishing the course

Why people choose us for their career

Trusted by professionals worldwide

Verified outcomes from learners who finished the course and put it to work.

4.8
Based on 4 learner reviews · 4 countries
98%
Would recommend
100%
Verified learners
2026
Cohort active
Completed from United Kingdom
ST
Sarah Thompson
GB · Course completed

Loved the vibe of the IFRS 17 class – it felt like a relaxed workshop rather than a stiff lecture. The practical sessions on cash‑flow projections were spot‑on; I actually used the sample insurance contract to build a simple model for my own portfolio. The study material was up‑to‑date and the video walkthroughs made the tricky parts easy to digest. It definitely helped me hit my personal goal of understanding the new reporting standards, and I left feeling confident to discuss IFRS 17 with my team.

MC
Michael Carter
US · Course completed

The International Financial Reporting Standard 17 course exceeded my expectations. The modules on contract measurement and risk adjustment gave me the exact tools I needed to align our insurance reporting with IFRS 17. I was able to apply the discounted cash‑flow model directly to a client case study, which helped me meet my quarterly learning goal of mastering contract liability calculations. The lecture slides were clear, the case examples were industry‑relevant, and the downloadable Excel templates saved me hours of manual work. Overall, the course delivery was professional and the content highly applicable to my role as a financial analyst.

AP
Ananya Patel
IN · Course completed

Wow! This course was a game‑changer for my career. The enthusiastic teaching style kept me engaged, and the deep dive into the liability components of IFRS 17 gave me hands‑on experience with the premium allocation approach. I built a full‑scale projection model for a life insurance product using the provided Python notebooks, which I later presented to my manager. The readings were current and the real‑world case studies from the Indian insurance market made the content incredibly relevant. I'm thrilled with the knowledge I gained and highly recommend it!

ZD
Zanele Dlamini
ZA · Course completed

The International Financial Reporting Standard 17 course was exceptionally thorough. Every module was detailed, covering everything from contract classification to the impact of discount rates on liability valuation. I particularly appreciated the step‑by‑step walkthrough of the contract service margin calculation, which I later applied to a South African reinsurance scenario in my workplace. The course materials, including the comprehensive handbook and interactive quizzes, were of top quality and aligned perfectly with my learning objectives. My overall experience was highly satisfying; the depth of content and the practical focus met all my expectations.


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Recently updated!

May 2026