Systemorph #techucation:

IFRS17: How to read the full set of financial reports – Part 2

Welcome to Systemorph’s IFRS17 education series #Techucation, a how-to guide for computing IFRS17 financials.

The new standard demands significant changes to the way financial information is presented. This episode aims to guide you on how to best read the full set of financial reports.

In the second of this three-part episode, we present written, advance and overdue actuals and the actuarial experience adjustment – the difference between effective and expected cash flows.

To follow the steps presented in this video on your own, first clone the IFRS17 Project in Systemorph Cloud.

Watch this space for part three where we investigate contractual service margin and loss component.