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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 States
MC
Michael Carter
US · Course completed

The International Financial Reporting Standard 17 course at Stanmore School of Business exceeded my expectations. The curriculum was perfectly aligned with my goal of mastering IFRS 17 for my upcoming audit role. I especially appreciated the deep dive into the Contractual Service Margin (CSM) calculations and the step‑by‑step Excel workbook that let me practice discount‑rate adjustments on real‑life insurance contracts. The lecture slides were clear, up‑to‑date, and referenced the latest IASB guidance, which made the material highly relevant. Overall, the learning experience was professional and rigorous, and I now feel confident presenting IFRS 17 disclosures to senior management.

SL
Sophie Laurent
CA · Course completed

I took the IFRS 17 class because I wanted to actually use the standard at work, not just read about it. The course was super practical – we got hands‑on labs where we built a simple insurance portfolio in Excel and ran the new measurement models. I learned how to identify contract boundaries and calculate the fulfillment cash flows, which I’ve already applied to a client project back at my firm. The course materials were easy to follow and the instructor answered all our questions in a relaxed, friendly way. I’m happy with what I got out of it and would definitely recommend it to anyone looking to get real skills fast.

FW
Felix Wagner
DE · Course completed

Wow! This IFRS 17 course was exactly what I needed to boost my confidence in the new insurance reporting rules. The enthusiastic teaching style made complex topics like the risk adjustment and the time value of money feel approachable. I especially loved the case study on a multi‑year life insurance contract – it showed me how to translate the theory into a real financial statement. The course pack included up‑to‑date IFRS 17 extracts and a handy cheat‑sheet that I keep on my desk. My satisfaction is through the roof – I can now explain IFRS 17 to my team with enthusiasm and authority!

SR
Siti Rahman
SG · Course completed

The International Financial Reporting Standard 17 program offered by Stanmore School of Business was exceptionally detailed and thorough. My objective was to acquire the technical skills needed to implement IFRS 17 in our regional insurance subsidiary, and the course delivered precisely that. Each module covered a specific component – from defining the insurance contract scope, through calculating the Contractual Service Margin, to preparing the required disclosures – with illustrative examples drawn from Asian markets. The provided workbook allowed me to simulate cash‑flow projections and test different discount‑rate scenarios, which directly informed our internal policy draft. The quality of the reading material, complete with references to the latest IFRS 17 amendments, ensured I was learning the most current standards. Overall, the structured learning path and the instructor’s expertise made the experience highly valuable and satisfying.


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Recently updated!

May 2026