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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 the new reporting standards kicked in at my firm. The content was spot‑on – the videos broke down the tricky concepts like discount rate selection and risk adjustment in a way that felt like a chat with a knowledgeable colleague. The practical exercises, especially the spreadsheet template for calculating the Contractual Service Margin, were a real win. Materials were well‑organised and the extra reading list pointed me to the right IASB papers. All in all, a friendly, useful course that helped me hit my learning goal.

MC
Michael Carter
US · Course completed

The International Financial Reporting Standard 17 course at Stanmore School of Business precisely matched my learning objectives. The modules on contract identification and the measurement of lease liabilities gave me the confidence to apply IFRS 17 to our company's new leasing portfolio. I especially appreciated the case‑study workbook that included real‑world lease contracts; it helped me practice the transition journal entries step‑by‑step. The lecture slides were clear, up‑to‑date, and referenced the latest IASB publications. Overall, the course was professionally delivered and exceeded my expectations – I can now confidently advise senior management on IFRS 17 compliance.

AP
Ananya Patel
IN · Course completed

Wow! This course blew me away with its energy and depth. I needed to master IFRS 17 for my upcoming certification, and the instructors delivered exactly that – plus a lot more! The interactive simulations let me build a full insurance contract from scratch, calculate the present value of future cash flows, and see the impact of different assumptions instantly. The downloadable cheat‑sheet for the IFRS 17 disclosure requirements became my go‑to reference. The quality of the video lessons was top‑notch, and the community forum buzzed with real‑time problem solving. I'm thrilled with the skills I've gained and can now ace my exam and apply the standards at work.

ZD
Zanele Dlamini
ZA · Course completed

The IFRS 17 program offered by Stanmore School of Business provided a detailed and methodical learning path that aligned perfectly with my professional development plan. Each week’s curriculum focused on a specific component – from contract boundaries to the calculation of the Contractual Service Margin – and included thorough explanations, illustrative examples, and hands‑on assignments using Excel macros. The supplemental reading material referenced the latest IFRS 17 amendments, ensuring the content remained relevant. My ability to prepare a full IFRS 17 financial statement for a mock insurer improved dramatically, and I feel well‑prepared to implement these standards in my role. The course was rigorous yet accessible, and I left with a solid practical toolkit.


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Recently updated!

May 2026