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Learn more about the new financial statement closing processes for IFRS 17 and their relevant risk and controls.
IFRS 17 aims to standardize accounting for the insurance industry to improve comparability and increase transparency. The standard also aims to provide users of financial statements with the information they need to meaningfully understand the insurer’s financial position, performance and risk exposure.
A new standard always brings about new and unfamiliar complexity. Therefore, data integrity has become ever more important to achieve the desired objectives of IFRS 17.
At this event, we will discuss the new financial statement closing processes (FSCP) for IFRS 17 and their relevant risk and controls. The speakers will also explore potential key areas for data reconciliation within the FSCP to ensure data integrity with the usage of digital tools to automate reconciliation checks and generate long-term value.
Agenda
- Outline of key IFRS 17 close process
- Outline of IFRS 17 data architecture
- Demonstration of data reconciliations for key IFRS 17 close processes
- Looking ahead for an automated and integrated finance close process
Speakers
- Jaslin Du, Financial Accounting Advisory Services Partner (Financial Services), Ernst & Young LLP
- Don Lim, Manager, Financial Accounting Advisory Services (Financial Services), Ernst & Young LLP
- Adele Liew, Financial Accounting Advisory Services Partner, Ernst & Young LLP
The event is now over. For enquiries, please contact the organizer.
Location
EY Office, One Raffles Quay, North Tower,
Level 18 (Raffles room), Singapore, 048583, SG
Date
Time
your local time
