The Final Countdown to IFRS17: Compliance & The Integrative Solution

With IFRS17 going live in 11 months, life, non-life and HMO companies should now be in the final stages of transition. A robust data structure is fundamental and an optimal re-engineering is cost-effective. After all, the IFRS17 Standard is also and primarily a new accounting system.

Many companies that started the implementation journey, even those with IFRS17 Subledger systems, are encountering challenges in the reconciliation and consolidation with non-IFRS17 accounts and amounts. The Miravite Actuary speaks on the integrative solution framework in a simplified debit-credit accounting language.

In this forum, the recent and upcoming IC Circulars will also be discussed interactively among industry leaders, auditors, and regulators.