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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.

4.5
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

I took the IFRS 17 course because I wanted a solid grounding before my company rolled out the new standards. The content was spot‑on – the lessons on discount rates and risk adjustment were explained in a way that clicked instantly. I even used the sample Excel templates from the course to build a simple model for a life‑insurance contract, which saved me loads of time at work. The videos were engaging and the forum discussions helped clear up any doubts. It's a great mix of theory and hands‑on practice, perfect for busy professionals.

MC
Michael Carter
US · Course completed

The International Financial Reporting Standard 17 course at Stanmore School of Business was exactly what I needed to meet my professional certification goals. The modules on contract grouping and the measurement of insurance liabilities gave me the practical tools to apply IFRS 17 in my current role as an actuarial analyst. I especially appreciated the real‑world case studies, which walked me through calculating the Contractual Service Margin using the Premium Allocation Approach. The learning platform was intuitive, the readings were up‑to‑date, and the instructor’s explanations were clear and concise. Overall, the experience exceeded my expectations and I feel fully prepared to implement IFRS 17 at my firm.

AP
Ananya Patel
IN · Course completed

Wow! This course blew me away with its depth and enthusiasm. From day one, the instructors were super energetic, turning complex IFRS 17 concepts like the Contractual Service Margin into exciting challenges. I loved the interactive simulations where we priced a whole portfolio of policies – it felt like a real job! The downloadable cheat‑sheets and the up‑to‑date reference materials made it so easy to keep track of the latest amendments. Thanks to this course, I can now confidently lead IFRS 17 implementation meetings at my firm, and my confidence has skyrocketed.

ZD
Zanele Dlamini
ZA · Course completed

The IFRS 17 program delivered a detailed and methodical learning journey that matched my expectations for a rigorous finance course. Each module broke down the standard into digestible sections, covering everything from the definition of insurance contracts to the intricacies of the Premium Allocation Approach. Practical exercises, such as constructing a liability cash‑flow projection and performing a sensitivity analysis on discount rates, reinforced my understanding. The course materials—including the comprehensive PDF guide and the recorded webinars—were of high quality and remain valuable references. My overall satisfaction is high; the course equipped me with the exact skill set needed to transition my organization to IFRS 17 compliance.


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Recently updated!

May 2026