By the end of this training course, trainees will be able to : -       Understand the various accounting treatments of insurance contracts, including the measurement, recognition, derecognition, discount rates, and contractual service margin -       Apply relevant financial reporting standards of insurance contracts in practical cases. -       Identify and apply disclosure requirements of insurance contracts in financial reports and notes. -       Understand the objective of applying IFRS 18. -       Apply the new requirements for presentation in financial statements. -       Apply the new requirements for disclosure in financial statements.