Organisational Readiness for Ind AS 117: An Empirical Study of Perceived Implementation Effectiveness in India’s Health Insurance Sector

Vollständiger Abstract

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Ind AS 117 changes how insurance contracts are measured and reported and brings accounting, actuarial, data and technology work into the same reporting process. This study examines whether organisational readiness influences professionals’ perceptions of implementation effectiveness in India’s health insurance sector. Primary data were collected from 185 professionals across seven occupational categories. Organisational readiness and perceived implementation effectiveness were each measured through eight five-point Likert statements. Descriptive statistics, Cronbach’s alpha, Pearson correlation and simple linear regression were applied. Organisational readiness had a positive association with perceived implementation effectiveness (r = 0.518, R² = 0.268, F(1, 183) = 67.079, p < .001), and the null hypothesis was rejected. Although respondents generally viewed the expected reporting benefits favourably, their assessments of systems, training, resources and other readiness areas varied. The results highlight the practical importance of coordinated organisational preparation. Because the study is cross-sectional and perception-based, the findings should not be interpreted as proof of causation or as a measurement of realised financial-statement effects.