IFRS update for insurance companies

Institute of Financial Studies organizes in partnership with PricewaterhouseCoopers, a workshop dedicated to insurance and reinsurance companies in Romania, IFRS update for Insurance Companies.

The workshop taking place on the 25th of October 2017 brings into discussion the main changes in reporting required by the new IFRS 9 and is designed for all those interested in the legislative developments required by IFRS 9, effective from 1 January 2018.

The purpose of the workshop is to provide an overview of the requirements of IFRS 9, of the main changes made to the existing IAS 39 and of the implementation difficulties.

Agenda:

IFRS 9 Financial Instruments connection to IFRS 17 Insurance Contracts

Learn when possible application dates of IFRS 9 for insurance companies are and what is required.

Financial instruments: classification and measurement under IFRS 9

Feeling overwhelmed with the new package of reforms to financial instruments accounting introduced by IFRS 9? Learn from experts how the new standard impacts your IFRS reporting.

Financial instruments: impairment under IFRS 9

Forward-looking expected loss model gives you a hard time? You are not sure what are the differences between Stage 2, Stage 3 impairment requirements?

 Insurance distribution directive - IDD

Key challenges for insurance companies

Trainers:

Ana-Maria Butucaru, Director Audit and Consulting Financial Services, PricewaterhouseCoopers

Alexandra Bălan, Manager Audit and Consulting Financial Services, PricewaterhouseCoopers

Denis Levanti, Manager Capital Markets and Accounting, PricewaterhouseCoopers

The workshop will take place between 09:00 and 13:00, the location will be announced later.

The necessary investment for participating to this event is of 600 lei + VAT/person.

For the registration of more than 2 persons within the same organization will be granted a discount of 5%.