Profit and loss statement with the Systemorph IFRS17 report

IFRS17 is the new standard regulating how profit and loss are accounted for by the insurance industry and how their estimate changes can be summarized in the financial reports.

In this episode of #Techucation, we investigate how to read this information in the Systemorph IFRS17 standard solution and will cover how granularity and degree of aggregation can easily be varied.

To follow along, access the ‘Reports’ notebook in the IFRS17 Template project.

Additional videos that might be useful include:

Let us know what else you’d like us to make video episodes on in the comments below.

IFRS17 Template: Get started

IFRS17 Template: Get started

In this episode, we walk you through the Systemorph IFRS17 Template Project which includes a complete example of input data for many annual reporting periods and uses our Calculation Engine for producing and reporting results.

Present Value: How to

Present Value: How to

We show you how to configure the Systemorph IFRS17 Calculation Engine to your own data set and business. From setting up your company’s many legal entities to include your favorite Analysis of Change step. This is where the magic happens.