IFRS 17 Explained in Simple Words | Insurance Contracts скачать в хорошем качестве

IFRS 17 Explained in Simple Words | Insurance Contracts

In this lecture, we explain IFRS 17 – Insurance Contracts in a simple and exam-focused way. You’ll learn why IFRS 17 replaced IFRS 4, how insurance contracts are recognized, measured, presented, and disclosed, and the key building blocks like fulfilment cash flows, CSM (Contractual Service Margin), and risk adjustment. ✅ Covered in this video: What is an insurance contract under IFRS 17? Scope: what’s included / excluded Key terms: fulfilment cash flows, risk adjustment, CSM Measurement models: GMM (General Model), PAA (Premium Allocation Approach), VFA Initial recognition & subsequent measurement Revenue recognition under IFRS 17 (insurance service result) Presentation in FS + disclosure requirements Key exam points + quick summary 📌 Best for: ACCA / IFRS learners, audit & accounting students, and professionals who want a clear understanding of IFRS 17. Subscribe to ACADX for IAS/IFRS full lectures, summaries, and revision content. 3) Chapters Introduction Why IFRS 17? (vs IFRS 4) Definition & scope of insurance contracts Key building blocks (FCF, RA, CSM) Measurement models (GMM / PAA / VFA) Initial recognition & grouping of contracts Subsequent measurement & changes in estimates Revenue, expenses & profit pattern Presentation in financial statements Disclosures (what to show) Key exam points & summary Outro / next lecture IFRS 17, Insurance Contracts, IFRS 17 explained, IFRS 17 ACCA, CSM IFRS 17, Risk Adjustment IFRS 17, Fulfilment Cash Flows, GMM PAA VFA, IFRS standards, financial reporting, accounting lecture, ACADX, audit and accounting #IFRS17 #InsuranceContracts #IFRS #ACCA #FinancialReporting #education