IFRS 17 Implementation Best Practices

Description
Delivering IFRS 17 is a cross-functional change that reaches actuarial, finance, accounting, data and technology at once. This best-practice guide, written by a practicing actuary, turns that complexity into a controlled, audit-ready programme. It sets out 15-plus practices covering governance and ownership, the target operating model, level of aggregation, measurement-model selection (GMM, PAA, VFA), the data foundation, discount rates and the risk adjustment, the CSM roll-forward, transition, IFRS 9 alignment, controls and parallel runs, each with concrete action steps. Inside you also get a key-concepts table, a roles-and-responsibilities matrix, a 16-point checklist, success metrics, a process diagram and common pitfalls. Fully editable Word format, ready to brand as your own. Buy once and edit freely.


In this you would receive a best practices for a controlled, audit-ready program. It contains the full IFRS 17 delivery life cycle starting from access and plan, design methodology, build and configure, test and parallel run and operate and report. In addition to detailed best practices, there are roles and responsibilities, implementaton checklists, metrics and what good looks like and common pitfalls to watch.


There are very few resources available which look at the standard from a practitioner's view point and this document covers the areas directly.