Download or read book Accounting and Financial Reporting in Life and Health Insurance Companies written by Elizabeth A. Mulligan and published by Life Office Management. This book was released on 1997 with total page 715 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a broad exposure to financial and managerial accounting in life and health insurance companies, including the corporate and regulatory environment in which accounting functions occur.

Download or read book Financial Accounting and Reporting Requirements in Life Insurance Companies written by Elizabeth A. Mulligan and published by Life Office Management. This book was released on 2002-01-01 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a broad exposure to financial and managerial accounting in life insurance companies, including the corporate and regulatory environment in which accounting functions occur.

Download or read book Audit and Accounting Guide Life and Health Insurance Entities 2018 written by AICPA and published by John Wiley & Sons. This book was released on 2018-10-26 with total page 701 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book helps simplify the complexities of insurance entity regulatory compliance. Whether performing audit engagements or management at an insurance entity, the 2018 edition of this guide is a must-have resource to keep abreast of recent regulatory changes related to the life and health insurance industry, its products and regulatory issues, and the related transaction cycles that an insurance entity is involved with. New to the 2018 edition: This edition covers recent regulatory updates related to the Affordable Care Act and provides guidance for new standards that impact life and health insurance, including revenue recognition, financial instruments, leases, and more.

Download or read book Life and Health Insurance Entities written by American Institute of Certified Public Accountants. Life Insurance Audit Guide Task Force and published by . This book was released on 2008 with total page 598 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Accounting and Financial Reporting in Life Insurance Companies written by Life Office Management Association, Inc. Staff and published by . This book was released on 2009-11-10 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a broad exposure to financial and managerial accounting in life insurance companies, includingthe corporate and regulatory environment in which accounting functions occur.

Download or read book Checklists and Illustrative Financial Statements for Life and Health Insurance Entities written by and published by . This book was released on 2008 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Life Insurance Accounting written by Insurance Accounting and Statistical Association and published by . This book was released on 1977 with total page 656 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Fair Value of Insurance Business written by Irwin T. Vanderhoof and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: Insurance companies, as well as banks and thrift institutions, have traditionally reported assets and liabilities on the basis of their amortized cost, or book value. But following the turmoil in securities markets due to highly volatile interest rate fluctuations in the 1980s and the early 1990s, and problems caused by inadequate liquidity, in the mid-1990s the Financial Accounting Standards Board (FASB) issued a new ruling calling for financial intermediaries to report the fair, or market, value of most assets. Called FAS 115, this new standard is the first step in the eventual change to valuing all the assets and liabilities belonging to financial intermediaries under the fair value accounting method. Thus, these changes will pose tremendous future implications for three key business measures of a financial intermediary: Solvency: if the fair values of assets and liabilities are out-of-step, then healthy companies may report negative net worth and insolvent companies may appear to be in sound financial condition. Reported Earnings: if the fair values of assets and liabilities are out of step, then reported earnings will not accurately represent the financial operations of the company. Risk Management: FASB recently postponed the implementation of its new rules on accounting for the use of derivatives instruments. However, if the final set of rules for figuring the fair value of derivatives is not carefully crafted, it may be possible that companies prudently hedging their risks are subject to penalties in their financial reports, while companies taking greater risks appear to have less volatile financial performance. Compared to banks and other financial intermediaries, life insurance companies have the longest term and most complex liabilities, and hence the new FASB requirement poses the most severe challenges to the life insurance industry. The lessons learned from the debate among life insurance academics and professionals about how respond to the fair value reporting rule will be instructive to their counterparts in other sectors of the insurance industry, as well as those involved with other financial institutions. Of particular note are the two papers which comprise Part III. The first provides examples of the fair valuing of annuity contracts, while the second offers examples of the fair valuing of term insurance products. As the papers collected in The Fair Value of Insurance Business extend and update some of the issues treated in a previous Salomon Center conference volume, The Fair Value of Insurance Liabilities, this new volume may be viewed as a companion to the earlier book.

Download or read book Financial Statement Analysis for Non Financial Managers written by Hoskin and published by Dog Ear Publishing. This book was released on 2011-07 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covers the following areas: overview of the P&C industry; organizational structure of P&C insurers: stock & mutual companies; value drivers in the P&C business; financial reporting requirements for P&C insurers & major financial statements; capital management; GAAP (generally accepted accounting principles) insurance accounting principles; statutory (STAT) accounting principles; rating agencies & ratio analysis. The book uses the actual GAAP and STAT financial statements of Travelers Insurance Company as well as excerpts from the A.M. Best rating report for Travelers to illustrate the concepts and analysis.--P. [4] of cover.

Download or read book Prep Pak for FLMI 361 written by Ruth D. Handley and published by . This book was released on 1997 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Life Insurance Company Financial Statements written by R. Arthur Saunders and published by Precept Press. This book was released on 1986 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Audits of Stock Life Insurance Companies written by American Institute of Certified Public Accountants. Committee on Insurance Accounting and Auditing and published by . This book was released on 1991 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Are There Ga a ps in Financial Reporting for the Life Insurance Industry written by Robert B. Yahr and published by . This book was released on 1978 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Life Insurance Accounting written by Joseph C. Noback and published by Homewood, Ill : R. D. Irwin. This book was released on 1969 with total page 478 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Financial Reporting for Life Insurance Companies written by Canadian Institute of Chartered Accountants. Accounting and Auditing Research Committee and published by . This book was released on 1973 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Audits of Stock Life Insurance Companies written by American Institute of Certified Public Accountants. Committee on Insurance Accounting and Auditing and published by . This book was released on 1994 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Life and Health Insurance Entities 2015 written by AICPA and published by Wiley. This book was released on 2016-11-21 with total page 704 pages. Available in PDF, EPUB and Kindle. Book excerpt: This resource will keep you up-to-date on current GAAP and statutory accounting and audit guidance as well as provide a good grounding on the industry, its products and regulatory issues, and the related transaction cycles that an insurance entity is involved with. Relevant guidance contained in standards issued through August 1, 2015 is included. Key Benefits: Reviews the characteristics of life insurance products, as well as a background of all the related transaction cycles that an insurance entity is involved with. Provides helpful information for developing audit plans of life insurance entities (especially auditing investments, inforce files, reinsurance, insurance revenues, liabilities for future policy benefits, income taxes and deferred acquisition costs). Easily educate your staff on life and health insurance. Accounting and auditing issues related to the Patient Protection and Affordable Care Act for assessments and premium stabilization programs (FASB ASC 720-50, SSAP No.106, Affordable Care Act Section 9010 Assessment, and SSAP No. 107, Accounting for the Risk-Sharing Provisions of the Affordable Care Act). AICPA NAIC Task Force and the NAIC/AICPA Working Group document, Best Practices: Insurance Regulator Access to Audit Documentation. Updates: SSAP No. 106, Affordable Care Act Assessments SSAP No. 107, Accounting for the Risk-Sharing Provisions of the Affordable Care Act SSAP No. 40R, Real Estate Investments SSAP No. 105, Working Capital Finance Investments Who Will Benefit: CFOs, Financial managers and staff at life and health insurance entities Practitioners with life and health insurance clients Users of property and liability insurance entity financial statements