This webinar ran in partnership with Insurtech Australia partner JD Scott + Co Chartered Accountants and was presented by James Scott, who provided a comprehensive overview on Insurance Accounting Essentials – Key Principles & Practices.
About this event
Ever wondered how an insurance company actually records its profit and loss? How the numbers end up in the balance sheet and the basics of what they mean?
This session was designed as a high-level introduction to accounting for insurance, suitable for anyone who wanted a basic grasp of insurance accounting.
This was not another detailed session on the technical ins and outs of IFRS 17, but gave enough information to grasp the essentials of insurance accounting.
About James Scott
James is a Chartered Accountant with over 20 years’ experience in financial services. Today his firm works with some of Australia’s leading Insurtech, technology and financial services companies, helping them to get started and grow their businesses. He was previously a Director at EY in their Financial Accounting Advisory Services team, before spending 6 years at QBE where he was in charge of the Group’s external reporting and then the Group’s capital management and reporting. Leaving in 2019, he set up JD Scott + Co at the beginning of 2020 to help small to medium businesses grow successfully.
This webinar was conducted via MS Teams. You can access a recording of the session here.
The slide deck accompanying the webinar can be found here.