7 Step Workflow for IFRS 17 Reporting
The Insurecontrol team has released the latest insight on IFRS 17 Reporting for insurance sector. Insurance companies are in the process of analyzing and understanding how the new financial reporting standard will affect their business, also in terms of internal operations.
As the standard will require the internal departments of finance and actuarial to work more closely together, it is crucial to plan a reporting workflow from end-to-end, including the required systems and solutions.
The insight paper which can be downloaded on the Insurecontrol website, gives a recommendation of a reporting workflow using the IFRS17 Engine, for an efficient and streamlined process.
Download the paper on the Insurecontrol Website