Services
As your business grows, our advisory services are designed to help you achieve your goals. Successful growth often means navigating a complex array of...
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Business consulting
Our business consulting services can help you improve your operational performance and productivity, adding value throughout your growth life cycle.
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Business risk services
We can help you identify, understand and manage potential risks to safeguard your business and comply with regulatory requirements.
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Forensic services
At Grant Thornton, we have a wealth of knowledge in forensic services and can support you with issues such as dispute resolution, fraud and insurance claims.
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Recovery & reorganisation
We provide a wide range of services to recovery and reorganisation professionals, companies and their stakeholders.
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Transactional advisory services
We can support you throughout the transaction process – helping achieve the best possible outcome at the point of the transaction and in the longer term.
We approach each audit with sharp thought, straight talk and common sense. In addition to verifying that financial results are fairly presented and meet...
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IFRS
At Grant Thornton, our IFRS advisers can help you navigate the complexity of financial reporting.
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Audit quality monitoring
Having a robust process of quality control is one of the most effective ways to guarantee we deliver high-quality services to our clients.
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Global audit technology
We apply our global audit methodology through an integrated set of software tools known as the Voyager suite.
At Grant Thornton, tax is a key part of our organisation and our award-winning teams can offer you a range of solutions, whatever the size of your business or...
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Corporate and business tax
Our trusted teams can prepare corporate tax files and ruling requests, support you with deferrals, accounting procedures and legitimate tax benefits.
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Direct international tax
Our teams have in-depth knowledge of the relationship between domestic and international tax laws.
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Global mobility services
Through our global organisation of member firms, we support both companies and individuals, providing insightful solutions to minimise the tax burden for both parties.
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Indirect international tax
Indirect international tax
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Private client services
Our solutions include dealing with emigration and tax mitigation on the income and capital growth of overseas assets.
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Transfer pricing
The laws surrounding transfer pricing are becoming ever more complex, as tax affairs of multinational companies are facing scrutiny from media, regulators and the public
At Grant Thornton, outsourcing represents more than US$250 million of our business. Whatever the size of your organisation or wherever you are in the world, we...
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Bookkeeping & financial accounting
Effective bookkeeping and financial accounting are essential to the success of forward-thinking organisations. To get the optimum benefit from this part of your business, you'll need an experienced team behind you.
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Business process outsourcing
Outsourcing your operations and specific business functions to Grant Thornton can not only cut costs, but also bring new insights and experience to your business.
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Compilation of financial statements
Running a transparent and trusted business means keeping shareholders, owners, management and other important stakeholders informed about key developments in your organisation.
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Human resources consulting
Depending on your needs, we can either manage your entire HR process or individual aspects of your strategy.
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Payroll
Payroll and, in addition, personnel administration are the biggest and most time-consuming challenges facing expanding organisations. Grant Thornton’s outsourcing teams can manage these commitments on your behalf, allowing you to focus on what you do best – growing your business.
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Tax compliance
Tax is likely to have an impact on almost every business decision you make. Whatever your business’s specific needs, we respond quickly and devise solutions tailored to you.
Our Human Resource Solutions team helps organizations fine-tune their human capital for optimal performance. We support clients in all HR Dimension areas...
Information Systems are used in daily operations and for purposes of making informed decisions. Our Information Systems Consulting and advisory services form...
We are approaching the latter stages of IFRS 17 implementation. With many technical accounting decisions being made and the transition date just around the corner, obtaining assurance on decisions made and reducing interpretation risk are on the agenda. As the transition date draws nearer, issues such as new data requirements will determine the feasibility of the target approach.
Description
Join Grant Thornton Kenya, Bahrain and UK as we demystify IFRS 17 for the Insurance Industry.
Topics of discussion:
- Initial recognition and measurement
- Reinsurance
- Presentation and disclosures
- Transition
- IFRS 9
- Recent updates
Location: MS Teams
Date: Wednesday, 2 June 2021
Time: 11:00 am to 1:00 pm
We will then engage you in an interactive Q&A session. Please register on the link provided.
Speakers
Shahnawaz Khan
Shahnawaz Khan is the Partner in Grant Thornton and leads the IFRS 9 & 17 advisory, financial services, and energy practice. He is a chartered accountant from Institute of Chartered Accountants of India (ICAI) and Institute of Chartered Accountants of England & Wales (ICAEW) and holds a bachelor’s degree in commerce from Delhi University, India. He has nearly 20 years of professional experience specializing in financial services, energy, and family business. He has worked a number of years in London financial services market and north sea energy market. He has lead audit and advisory teams on funds, banks, insurers and energy clients listed in the UK, US, and Bermuda. In middle east, he has been leading diversified portfolios having listed entities across the regions and also leads IFRS conversations. He is also an insurance technical partner for GT Kenya office. Some of his clients are LIC International, Capital Market Authority Oman, Ken India, HSBC, Citi Bank, Aviva, Prudential, Friends Life, Royal & Sun Alliance, Shell, Ferguson plc, and Kuwait Foreign Petroleum. In past, he worked with big four audit firms in India, UAE, Kuwait, KSA, Malta, Oman, Kenya, and the UK and on secondment to other parts of the world.
Simon Perry
Simon joined Grant Thornton in September 2016 and has over 25 years of experience consulting to insurance companies. He leads Grant Thornton’s Life Insurance Actuarial and Risk Team. Simon also leads Grant Thornton’s IFRS 17 proposition development activity. He is an SME on actuarial methodology, implications for life insurance products and technical interpretation of the IFRS 17 standard. He has led a number of large IFRS 17 engagements for life and non-life companies covering impact assessment, operational gap analysis, methodology development, system selection and implementation planning. He has provided training to Boards in this area. More generally, Simon has extensive experience in supporting life insurance clients around all aspects of financial reporting, capital management and business transfers.