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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 signed up for the IFRS 17 course because I needed a solid grounding before my new role at a UK insurer. The content was spot‑on – from the basics of the General Measurement Model to the practicalities of transition disclosures. The hands‑on workshops, especially the one where we prepared a mock financial statement using the new standard, were incredibly useful. The reading pack was clear and packed with current examples from the European market, which made the theory feel relevant. All in all, a very worthwhile course that helped me hit the ground running, even if I wish there were a few more live Q&A sessions.

MC
Michael Carter
US · Course completed

The International Financial Reporting Standard 17 course at Stanmore School of Business perfectly aligned with my goal of mastering insurance contract accounting. The modules on the measurement models and contract boundaries gave me the confidence to restructure our firm’s reporting framework. I especially appreciated the Excel‑based case study where we built a discounted cash flow model for a life‑insurance portfolio – a skill I’ve already applied in my day‑to‑day work. The course materials are up‑to‑date, concise, and include real‑world IFRS 17 implementation guides from leading firms. Overall, the learning experience was highly professional and exceeded my expectations; I feel fully prepared for the upcoming audit.

AP
Ananya Patel
IN · Course completed

Wow! This IFRS 17 course blew me away with its depth and energy. I wanted to understand how to value insurance contracts under the new standard, and the instructors broke down complex concepts like the Contractual Service Margin into bite‑size, relatable examples. The interactive simulations, where we adjusted discount rates and saw the impact on profit emergence, were a game‑changer for my confidence. The study material included up‑to‑date Indian regulatory notes, which made it super relevant. I’m now able to lead IFRS 17 implementation meetings at my company and feel genuinely excited about applying what I learned.

ZD
Zanele Dlamini
ZA · Course completed

The IFRS 17 program at Stanmore was exceptionally detailed, which suited my analytical mindset. It covered everything from the definition of an insurance contract to the intricacies of the Premium Allocation Approach, and each chapter was supported by comprehensive slide decks and reference documents from the IASB. A standout was the capstone project where we prepared a full IFRS 17 transition plan for a South African insurer, complete with journal entries and reconciliation tables. This practical exercise gave me tangible skills I can showcase to my employer. The only downside was the heavy reading load, but the quality and relevance of the materials made it worthwhile.


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Recently updated!

May 2026