Life Insurance Accounting for Accounting Professionals - ONLINE ONLY

 

Life Insurance Accounting for Accounting Professionals - ONLINE ONLY

Date

From: Monday May 30, 2022, 9:00 am

To: Tuesday May 31, 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 Life Insurance Accounting for Accounting Professionals course is designed for professional accountants who have worked in the life insurance industry and who need a deeper understanding of life insurance accounting principles including statutory, management and regulatory reporting.  The purpose of the course is to equip participants with an understanding of the life insurance industry, the practical application of accounting principles and statutory, management and regulatory reporting.  This course is split into 8 modules and an assessment to check learning outcomes: Overview of the life insurance industry; Products and classification; Reporting under AASB 17; Life accounting concepts and accounting for life insurance and investment contracts;  Accounting for superannuation funds; Dynamic financial analysis and capital modelling; Management and performance reporting; Regulation of the life insurance industry.

The modules provide participants with an in depth understanding of life insurance accounting by reviewing the core elements of the life insurance control cycle including an understanding of life products, reporting under AASB 17 – Insurance Contracts and AASB 9 – Financial Instruments, management and performance reporting and the regulation that is applicable to the industry.

Read the Course Overview


Cost (prices shown are inclusive of GST)

Member - $875 / Non-Member $930.  As a non-profit organisation we are not able to offer any form of discount on this price. Non-Members can join here.  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.

 


Note on Timing of this Event

All times indicated on our website are AEDT (Syd/CBR/Melb)


CPD Hours

You are eligible to claim 12 CPD hours for this event. 


 

Draft Program

Day 1

 

Introduction and Purpose of this Course

09:00 – 09:30

Module 1 Overview of the life insurance industry

09:30 – 10:30

Morning Tea

10:30 – 11:00

Module 2 Products and classification

11:00 – 12:30

Lunch

12:30 – 13:30

Module 3 Reporting under AASB 17 – Insurance Contracts

13:30 – 15:30

Afternoon Tea

15:30 – 15:45

Module 4 Life accounting concepts and accounting for life insurance and investment contracts

15:45 – 17:00

 

 

Day 2

 

Module 5 Accounting for superannuation funds

09:00 – 10:30

Morning Tea

10:30 – 11:00

Module 6 Dynamic financial analysis and capital modelling

11:00 – 12:30

Lunch

12:30 – 13:30

Module 7 Management and performance reporting

13:30 – 15:00

Afternoon Tea

15:00 – 15:15

Module 8 Regulation of the insurance industry

15:15 – 16:30

Assessment

16:30 – 17:00

 

 

 

 

 

Click here to Book Online




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