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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
OH
Oliver Hughes
GB · Course completed

As a financial analyst aiming to specialise in insurance reporting, the IFRS 17 programme at Stanmore was exactly what I needed. The course’s detailed approach covered every facet—from the contractual service margin to the presentation of insurance revenue—allowing me to map each standard requirement to our internal reporting processes. I particularly valued the comprehensive workbook that included step‑by‑step calculations for the Building Block Approach; I have already applied these calculations to a client’s portfolio, resulting in a more transparent profit‑or‑loss statement. The relevance of the reading material, drawn directly from the IASB’s implementation guidance, ensured that I was learning the most up‑to‑date information. The learning experience was rigorous yet supportive, and I am extremely satisfied with the knowledge I now possess.

MC
Michael Carter
US · Course completed

The IFRS 17 course at Stanmore School of Business exceeded my expectations. The curriculum was perfectly aligned with my goal of mastering insurance contract accounting, and the detailed modules on the General Measurement Model gave me the confidence to prepare a complete IFRS 17 financial statement for my firm. I especially appreciated the real‑world case studies that demonstrated how to calculate the Contractual Service Margin using discounted cash‑flow techniques. The lecture slides were clear, the supplemental reading was up‑to‑date with the latest IASB publications, and the instructor’s professional tone made complex concepts easy to digest. Overall, the course equipped me with practical skills I can apply immediately, and I feel fully prepared for the upcoming audit.

SL
Sophie Laurent
CA · Course completed

I took the International Financial Reporting Standard 17 class because I wanted to get a solid grip on the new insurance reporting rules, and it totally delivered. The course broke down the tricky parts—like transition adjustments and the risk adjustment—into bite‑size videos and hands‑on Excel templates. I actually used the template to work out the liability for a life‑insurance portfolio at my internship, which impressed my manager. The materials were current and easy to follow, and the forum discussions helped me see how the concepts play out in different markets. I left the course feeling confident and ready to tackle real‑world IFRS 17 tasks.

RK
Rahul Kapoor
IN · Course completed

Wow! This IFRS 17 course was a game‑changer for me. I wanted to understand how insurance contracts are measured under the new standard, and the instructors broke it down with vibrant examples—from a simple term life policy to a complex non‑life reinsurance treaty. I walked away with hands‑on skills, like building the cash‑flow projection model in Excel and calculating the discount rate using the current market approach. The course materials were top‑notch, featuring up‑to‑date IFRS manuals and interactive quizzes that reinforced learning instantly. My confidence skyrocketed, and I can now explain IFRS 17 concepts to my colleagues with enthusiasm. Highly recommend for anyone serious about mastering modern insurance accounting!


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Recently updated!

May 2026