Update on Accounting and Financial Reporting

Submitted by Administrator on Wed, 02/01/2012 - 12:02pm

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What You Will Learn:

This one-day update seminar provides what you need to know to prepare for year-end and beyond. Teaching sessions cover changes to the Annual Statement blank, illustrated by a completed model company Annual Statement. We also discuss changes to the NAIC Annual Statement Instructions and the NAIC Accounting Practices and Procedures Manual and preview changes to next year's Quarterly and Annual Statements. Recent NAIC activities and GAAP developments specific to P&C insurers will also be reviewed.

Seminar Content:

  • Overview of NAIC accounting and financial reporting developments
  • Changes to the current year Annual Statement and NAIC instructions
  • Review of current and proposed changes to statutory accounting guidance
    • Statements of Statutory Accounting Principles (SSAPs)
    • Interpretations (INTs)
    • Issues Papers (IPs)
  • Preview of next year's Quarterly and Annual Statement changes
  • Relevant insurance GAAP and IFRS developments

Recommended Field of Study: Accounting

Who Should Attend:

Anyone needing to keep current on recent insurance accounting and reporting developments.

Prerequisites:

No advance preparation is required. This seminar focuses on new changes, so participants will need an understanding of existing accounting and reporting practices.

Class Times:

Class begins at 9:00 a.m. and ends at 4:30 p.m

Estimated CPE Credit: 7.0 hours

Tuition: $795

Upcoming seminar dates and locations:

There are no upcoming dates for this seminar.
Look for our 2012 schedule in February/March.

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