Event information
“IFRS 17, Insurance Contracts” went into effect globally on 1 January 2023. Many insurers and analysts have hailed IFRS 17 as a positive change in the accounting industry, saying it offers better comparability than IFRS 4. In Indonesia, IFRS 17 was adopted as PSAK 74 and will go into effect on 1 January 2025. This two-year gap will enable insurers in Indonesia to leverage the experience of the global community when implementing IFRS 17. With that in mind, KPMG is committed to providing our insights on the information provided by a number of global insurers on the implementation of IFRS 17 and IFRS 9, Financial Instruments.
Therefore, we are pleased to invite you to participate in our 2023 KPMG Board Governance Forum (BGF) breakfast briefing series. This session will be hosted at the KPMG Clubhouse on the 21st floor of the Menara Astra building. We will highlight key discussions on the implementation of IFRS 17. Attending this event will help you to stay informed and up-to-date on the latest global developments in IFRS 17. KPMG’s insurance practice leaders will cover key topics, such as:
- What do those charged with governance (TCWG) need to know about IFRS 17?
- Global insurers’ half year reporting under IFRS 17 and IFRS 9
- First year audits under PSAK 74.
Day/date |
Wednesday, 1 November 2023 |
Time |
08.00am – 10.30am Jakarta time (incl. registration, breakfast and networking) |
Venue |
KPMG Clubhouse |
Language |
Bahasa Indonesia |
Registration will close on Friday, 27 October 2023 at 5pm Jakarta time.
Agenda
(JKT time) |
|
|
08:00 AM - 08:45 AM |
Registration, breakfast and networking |
|
08:45 AM - 08:50 AM |
Welcome speech and speaker introduction |
Hengcky Hiwarno |
08:50 AM - 10:25 AM |
IFRS 17 Insurance reporting:
|
Susanto Hengcky Hiwarno Susiyani Setiowati |
10:25 AM - 10:30 AM |
Closing remarks and key takeaways |
Harry Widjaja |
Speakers biography |
Hengcky Hiwarno
Partner, Risk Consulting
KPMG Indonesia
Hengcky is a partner in Financial Services Advisory for KPMG Indonesia. He has eight years of experience as a practitioner in an Indonesian listed bank in Indonesian Stock Exchange (IDX) which is a subsidiary of US SEC listed multinational banks. His remit of experience in finance area covering financial reporting and control over accounting and financial reporting, asset and liability management, capital planning and management. He has over 13 years of experience in general audit of public listed clients in Indonesia, mainly focusing on banks and other financial institutions.
Susanto
Partner, Audit & Assurance Services & Insurance Practice Leader,
KPMG Indonesia
Susanto is a partner in Audit & Assurance Services and insurance practice leader for KPMG Indonesia. He is also the Head of Clients & Markets and a member of executive committee for the firm. He is a member of the KPMG Asia Pacific IFRS topic specialist for Insurance Contracts and the member of PSAK 74 working group in Indonesia.
Susanto was previously active in the Financial Services Sector Accountant Forum, a committee of IAPI with the main responsibility in developing and maintaining relationship with the financial services regulator (OJK) and the insurance industry associations. Currently, Susanto is a member of Komite Asistensi dan Implementasi Standar – IAPI.
Susiyani Setyowati
Director, Risk Consulting
KPMG Indonesia
Susi is a director in Risk Consulting services for KPMG Indonesia. Susi has over 20 years experience in information technology implementation and more than five years role as risk and regulatory technology specialist in KPMG. She leads several IFRS engagements in financial industries like banking and insurance companies.
KPMG Indonesia BGF leader
Harry Widjaja
Partner, Audit & Assurance Services
KPMG Indonesia
Email: Harry.Widjaja@kpmg.co.id
LinkedIn Profile | KPMG Board Governance Forum
Harry is a partner in Audit & Assurance Services at KPMG Indonesia. He has more than 17 years of audit experience encompassing automotive, trading and services sectors. A member of the Indonesian Institute of Certified Public Accountants (IAPI), he is now looking after KPMG Indonesia’s Board Governance Forum.
Contact us
Join our event for valuable insights and the opportunity to reconnect with colleagues. For questions regarding the event, please contact the Marcom team.
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