Introduction to Insurance Accounting - ONLINE ONLY


Introduction to Insurance Accounting - ONLINE ONLY


From: Monday March 14, 2022, 9:00 am

To: Tuesday March 15, 2022, 5:00 pm

This course will be held online via Zoom - the expectation is that participants' cameras are left on to best replicate a classroom environment.  

The Introduction to Insurance Accounting for Accounting Professionals course is designed for professional accountants new to the insurance industry and who need an understanding of insurance accounting principles in their roles within the Finance Team.  The purpose of the course is to equip participants with an understanding of the insurance industry, insurance accounting principles and the application of these principles to statutory and management reporting and to provide a high-level view of regulation of the insurance industry.  This course is split into 6 modules and an assessment to check learning outcomes:  Introduction to insurance; Insurance terminology; The insurance cycle; Accounting Standards Framework and AASB 17 – Insurance Contracts; Management reporting; Regulation of the insurance industry.  The Course Assessment will help to reinforce learning.

The modules provide participants with an understanding of the industry by reviewing how the industry works, the terminology used in the industry, the basic control cycles and then moving into the insurance accounting requirements of the Accounting Standards Board, reporting required by management and the regulatory environment within which insurers operate. 

Read the Course Overview

Note - The next level, industry specific courses offered by FSAA delve into more detail into the application of AASB 17 – Insurance Contracts and management and statutory reporting relevant to each of the industry segments – general, life and health.

Cost (prices shown are inclusive of GST)

Members - $775, Non-Members $825.  As a non-profit organisation we are not able to offer any form of discount on this price. Become a Member

Members - remember to login prior to registering.  Check here to see if you are part of our corporate membership scheme

Cancellation Policy & Payment

Confirmation of Bookings: Course confirmation will be emailed within 7 days of course start date.

Cancellation Policy: Refunds will be granted less 10% cancellation fee on notification in writing no less than 7 days prior to course start date. There will be no refund for cancellations less than 7 days prior to the event. Within 7 days a substitution will be accepted, but no transfers will be granted. 

Payment must be received in full ten days prior to your course.

CPD Hours

You are eligible to claim 11.5 CPD Hours for this course.

Note on Timing of this Event

All times indicated on our website are Syd/CBR/Melb


Draft Progam


Day 1


Introduction and Purpose of this Course

09:00 – 09:30

Module 1 Introduction to insurance                                                       

09:30 – 10:45

Morning Tea

10:45 – 11:15

Module 2 Insurance Terminology

11:15 – 12:15


12:15 – 13:00

Module 3 The Insurance Cycle

13:00 – 15:00

Afternoon Tea

15:00 – 15:30

Module 3 The Insurance Cycle

15:30 – 16:30



Day 2


Module 4 Accounting Standards Framework and Accounting Standard 17 – Insurance Contracts

09:00 – 10:30

Morning Tea

10:30 – 11:00

Module 4 Accounting Standards Framework and Accounting Standard 17 – Insurance Contracts

11:00 – 13:30


13:30 – 14:15

Module 5 Management reporting for insurance companies

14:15 – 15:15

Afternoon Tea

15:15 – 15:45

Module 6 Regulation of the insurance industry

15:45 – 16:15


16:15 – 17:00


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