Stay up-to-date on current GAAP and statutory accounting and audit guidance for property and liability insurance entities. This guide provides a good grounding on the industry, its products and regulatory issues, and the related transaction cycles that a property and liability insurance entity is involved with.
Relevant guidance contained in standards issued through September 1, 2019, is covered, including the following:
- FASB ASU No. 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities
- SSAP No. 26R, Bonds
- SSAP No. 43R, Loan-backed and Structured Securities
- SSAP No. 97, Investments in Subsidiary, Controlled and Affiliated Entities
- Revised for SSAP No. 101, Income Taxes, and NAIC INT 18-03, Additional Elements Under the Tax Cuts and Jobs Act
Key topics covered:
- Understand current GAAP and statutory accounting for property and liability insurance entities.
- Get authoritative accounting and auditing guidance applicable to property and liability
- Understand current GAAP and statutory accounting for property and liability insurance entities.
- Get authoritative accounting and auditing guidance applicable to property and liability insurance entities.
- Properly develop an audit plan for auditing loss reserves.
- Easily educate your staff on property and liability insurance.
- ISBN13 9781948306850
- Publish Date 7 February 2020
- Publish Status Active
- Out of Print 15 December 2021
- Publish Country US
- Imprint John Wiley & Sons Inc
- Format eBook (EPUB)
- Pages 672
- Language English
- URL http://wiley.com/remtitle.cgi?isbn=1948306859