The National Bank of the Republic of Tajikistan held a practical seminar from June 24 to 26 for chief accountants and other responsible staff of insurance and reinsurance organizations, focused on strengthening transparency and financial stability in the insurance sector through stronger accounting practices and the practical application of International Financial Reporting Standard 17, Insurance Contracts. The program was delivered with specialists from audit firm Moore Stephens. The seminar covered reporting and disclosure requirements, the rules and parameters for contributions to insurance reserve funds, and practical examples of calculating insurance reserves. It also addressed the application of IFRS 17, accounting for insurance premiums and insurance payments, analysis of actual insurance contracts, key insurance performance indicators, the role and responsibility of chief accountants in supporting financial transparency, and internal control and reporting quality. Discussions also included current requirements for calculating insurance reserves, placing those reserves in liquid assets, and the procedures for submitting accounting reports by insurance and reinsurance organizations. At the end of the seminar, participants received professional certificates from the National Bank of the Republic of Tajikistan.
National Bank of the Republic of Tajikistan2026-06-29
National Bank of the Republic of Tajikistan holds IFRS 17 and insurance accounting seminar for insurers
The National Bank of the Republic of Tajikistan ran a June 24 to 26 seminar for insurance and reinsurance firms on stronger accounting practices and the practical application of IFRS 17. The sessions covered reporting requirements, insurance reserve calculations, accounting for premiums and payments, internal controls, and reporting quality. Participants received professional certificates from the central bank.