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IFRS 17 Accelerator enables professionals in insurance firms with an industry-leading annual financial statement solution
IFRS 17 Accelerator enables professionals in insurance firms with an industry-leading annual financial statement solution that incorporates the most up to date IFRS 17 compliance and disclosure standards. IFRS 17 Accelerator empowers preparers to transition to the significant changes introduced by the new accounting standard framework and implement the required disclosure.
Preparers can easily modify all elements of the statements, notes and disclosures with extensive configuration options. This includes an additional liquidity method SOFP, segmented insurance portfolio disclosures, multi-column segmented notes, flexible lead sheets, and pre-tagged CIPC iXBRL reporting*.
*iXBRL reporting is only available in South Africa.
Key Features
IFRS 17 Compliance
Prepare financial statements using the latest relevant IFRS Standards and guidance issued as they evolve.
Seamless Data Imports
Import a trial balance or general ledger details from over 60 accounting packages, Excel, CSV and ASCII.
Built-in Consolidation
Aggregate many trial balances from various general ledger systems to simplify group reporting in a central platform.
Built-in Roll-forward
Increase efficiency by leveraging extensive built-in logic to roll-forward selected information related to the client.
Automate & Collaborate
Statement of Financial Position Feature
Segmented Insurance Portfolios disclosure
CIPC iXBRL Compliance
Automate data from non-trial balance information. With IFRS 17 we understand that information may come from various data sources. We have built a workflow to seamlessly assist in the automation of those notes.
You have the option to choose from the Liquidity Method or the SOFP with current and non-current classifications disclosures. We can further configure a firm-specific template that is bespoke to the needs of the organization and drives consistency across engagements.
Multiple columns are available for notes that require segmented insurance portfolios to be disclosed.
Create CIPC iXBRL reports with real-time online validation against the CIPC portal, pre-tagged from the financial statements.
Required Products:
IFRS Financial Statements
Empowering professionals with an automated annual financial statement solution.
Caseware Working Papers
A flexible project management solution that integrates everything needed to conduct assurance and reporting engagements.
In Product Add-Ons:
Interim Financial Statements
Empowering professionals with an automated IAS 34 interim financial statement solution.
Caseware Consolidation
Combine several entities into a single parent company to create consolidated financial statements.
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