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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

Honestly, this course was a solid fit for what I needed. I was looking to get a grip on IFRS 17 for my role in a UK insurance firm, and the modules covered everything from the basics of revenue recognition to the nitty‑gritty of discount rates. The video lectures were clear, and the quiz at the end of each section helped cement the concepts. One thing I loved was the practical example where we built a cash‑flow model for a multi‑year contract – I’ve already used that template at work. The only thing missing was a bit more live Q&A, but overall I’m happy with the outcome.

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 lease accounting under IFRS 17. I especially appreciated the step‑by‑step walkthrough of the transition matrix, which I later applied to a real‑world project at my firm, reducing the reporting preparation time by 20%. The case studies were current and the downloadable templates were spot‑on for practical use. Overall, the learning experience was smooth, interactive, and highly relevant to my day‑to‑day responsibilities.

AP
Ananya Patel
IN · Course completed

Wow! This course blew me away! As a finance analyst in Mumbai, I needed to get up to speed with IFRS 17 fast, and Stanmore delivered. The energetic instructor made complex topics like the contract boundary and risk adjustment feel exciting. I especially loved the hands‑on assignment where we simulated a full IFRS 17 reporting cycle – I could actually see the impact on profit and loss statements. The downloadable cheat‑sheet and the real‑world case from an Asian insurer helped me impress my manager and land a promotion. Truly a game‑changer!

LS
Lucas Silva
BR · Course completed

The IFRS 17 program was very thorough and matched my learning objectives as a Brazilian actuary. The course material included detailed PDFs, interactive spreadsheets, and a series of webinars that covered everything from the conceptual framework to the practical implementation of the Premium Allocation Approach. I found the segment on measuring the contractual service margin particularly useful; I applied those calculations to a portfolio of insurance contracts at my company, which helped us achieve compliance ahead of schedule. The only improvement I’d suggest is adding more localized examples for the Latin American market, but the overall experience was highly satisfactory.


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Recently updated!

May 2026