This 10-week course provides an in-depth understanding of Insurance Accounting. The course introduces key concepts such as the principles of insurance operations, accounting treatment of premiums and claims, underwriting processes, reinsurance transactions, reserves and provisions, financial reporting standards for insurance companies, and regulatory compliance requirements. Students gain a clear understanding of how insurance companies record, manage, and report financial transactions in accordance with established accounting frameworks.
Throughout the course, learners develop practical skills in preparing insurance company financial statements, accounting for premium income and claims expenses, calculating technical reserves, managing policyholder liabilities, and analyzing underwriting results. Emphasis is placed on revenue recognition, expense matching, solvency requirements, and risk management practices within the insurance industry. Students also explore the impact of actuarial assumptions, investment income, and regulatory policies on insurance accounting practices and financial performance.




