Implementing IFRS 4, Phase II
LEADING insurance accountant Moore Stephens is hosting a seminar in London on June 8 to outline the key elements of International Financial Reporting Standards 4 Phase II. There is no charge for attendance.
Whilst the implementation date for the new IFRS for insurance contracts will not be until 2014, the impact on business processes and systems will be significant. Many organisations are at a critical stage of their Solvency II programmes, and with similarities in the requirements there is a small window of opportunity to understand the synergies, and to adapt existing programmes to manage the change simultaneously and in the most cost-effective way.
IFRS 4 also introduces a number of requirements that go beyond the scope of Solvency II so it is essential that insurers understand the implications of the conversion, take a strategic view of the impact of these changes and build in flexibility at this stage to ensure they meet the new requirements.
Planning is essential to understand the complexity and scale of change. Moore Stephens combines accounting expertise with Solvency II knowledge and experience to help you understand the requirements of IFRS 4, Phase II, and prepare for the proposed deadlines.
Come along to a FREE seminar where Moore Stephens experts will outline the key elements of IFRS 4 Phase II and give practical advice on the steps you need to take to be ready for its implementation.
The seminar will be chaired by Simon Gallagher, head of the Moore Stephens Insurance Industry Group, wnd will include contributions from Moore Stephens partners David Chopping and Michael Butler.
The seminar will be held in the Minster Suite at Balls Bros in Mincing Lane. Registration starts at 1600hrs, and the seminar will run from 1630hrs to 1730hrs.
If you would like to attend, contact Shona Conacher at: