Allocations are a way of life for most finance teams and IFRS17 is no exception.
Allocations around acquisition costs, risk adjustments and expenses are critical calculations in meeting the new IFRS17 standard.
However, allocation processes are challenging and error-prone, often being undertaken on spreadsheets and other EUCs. This leads to major inefficiencies, lack of audit and control, dependency on key individuals and little transparency.
Date: 10am BST on 10th September 2020
Duration: 45 minutes
This free webinar examines the importance of allocations for IFRS17 and finance processes in general, and how a third generation Allocation Engine can help transform them.
The agenda will cover:
- IFRS17 Allocations
- Types
- Basis
- Drivers
- Inputs and Outputs
- Leveraging IFRS17 for finance transformation
- Best Practice Finance Systems Architecture
- Demonstration of FastPost Allocations
Legerity are the specialists in IFRS accounting change and finance transformation. Our FastPost Accounting Rules Engine allows the rapid adoption of new accounting standards and digital finance transformation with minimum disruption.
We look forward to meeting you.
Webinar: Fast Track to IFRS17 with Legerity and KPMG
Webinar exploring how a pre-configured SaaS solution can fast-track your IFRS17 program, with expert insight from industry professionals.
Legerity Welcomes Nicolas Wykes
Legerity is pleased to welcome Nicolas Wykes to the team as VP of Sales.
The Importance of Allocations for IFRS17
IFRS17 is a great opportunity to take a fresh approach to allocations, implementing procedures and automated processes that both meet IFRS17 and wider finance needs.