Date: February 9, 2010
Time: 1:00 EST
Instructors: Barry Cohen and Seth Kernodle

Description:

SSAP 10R is effective for annual statements ending December 31, 2009 and interim and annual statements ending December 31, 2010. This statement substantially revised SSAP 10 admission guidance for deferred tax assets. For those insurers that qualify, an additional deferred tax asset admission alternative is available. This webinar will review the key provisions of SSAP 10R, illustrate the calculation of deferred tax assets (DTAs) under SSAP 10R, outline the new disclosure requirements, and demonstrate the presentation of DTA information in the statutory financial statements.

The information to be presented is designed to assist all preparers of Statutory Annual Statements. The illustrations that will be utilized during the webinar are prepared from a Property & Casualty company perspective but the concepts and determination of an insurer’s net DTA is applicable to all insurance companies. During the presentation, the instructors will highlight where the SSAP 10R guidance differs between P&C and Life insurers.

Field of Study: Taxes
Topic: Statutory Deferred Taxes
Level: Intermediate
CPE Credits: 1.5 hours
Prerequisites: None
NASBA publication/revision date: February 2010

Cost:

$95 per connection (Computer and Phone)
$75 per additional attendee monitoring the webinar and seeking CPE credit. Provide the name(s) and email address(es) of the individual(s) in "Item 3 - Additional Attendees, Instructions, or Comments" section of the Billing Information page during checkout.

Objectives:

• Provide participants with an understanding of the key provisions of SSAP 10R as compared to SSAP 10
• Demonstrate the calculation of net deferred tax assets (“DTAs”) under the provisions of SSAP 10R
• Review the annual statement reporting including the required disclosures for the Notes to Financial Statements

Outline:

Statement of Statutory Accounting Principle No. 10R – Income Taxes – Revised, A Temporary Replacement of SSAP 10

Who should attend:

Tax practitioners, accountants, managers and others responsible for preparation or review of an insurer’s statutory deferred tax provision.

The deadline for registrations is February 8th at 5:00 PM EST.

Details on how to join this webinar will be emailed no later than the evening of February 8th.

System requirements for joining the webinar:

• Windows 98 or higher
• Internet Explorer 6.0+, Mozilla 1.6+, Firefox 1.x+, or Netscape 7.x+
• Javascript and cookies enabled in the browser
• Internet connection

Registration has closed.

Thank you for your interest in our seminars.

We currently are working on our public seminar schedule for 2010 and lining up the hotels for the various cities. As soon as this is done, we will post our plans on this website. We expect to post our seminars through July by the end of February and our seminars through December by the end of March.

Meanwhile, if your company has an interest in our private seminars, give us a call at 1-336-728-2929.

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