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Publications

Property and Liability Insurance Entities - Audit and Accounting Guide

Publisher: AICPA
  • $69.00-$89.00
    Property and Liability Insurance Entities - Audit and Accounting Guide In Stock Product #: AAGPLI16P
    AICPA Member: $69.00
    Non-Member: $89.00
  • $59.00-$69.00
    Property and Liability Insurance Entities - Audit and Accounting Guide eBook Download Product #: AAGPLI15E
    AICPA Member: $59.00
    Non-Member: $69.00
  • $59.00-$69.00
    Online: Property and Liability Insurance Entities Online Access Product #: WPL-XX
    AICPA Member: $59.00
    Non-Member: $69.00

This guide will keep you up to date on current GAAP and statutory accounting and audit guidance. The guide also provides 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 July 1, 2016, is covered, including FASB ASU No. 2015-09 and updates to SSAP No. 107, which have a major impact on insurance entities.

Key Benefits

  • 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.

Updates

  • FASB ASU 2015-09, Financial Services—Insurance (Topic 944): Disclosures about Short-Duration Contracts
  • SSAP No. 107, Risk-Sharing Provisions of the Affordable Care Act
  • SSAP No. 103R, Securities Lending Transactions, update on short sales
  • SSAP No. 97, Investments in Subsidiary, Controlled, and Affiliated Entities, update for investments in SCA entities
  • SSAP No. 106, Affordable Care Act Section 9010 Assessment, update for INT 16-01: ACA Section 9010 Assessment 2017 Moratorium
  • SSAP No. 107, Accounting for the Risk-Sharing Provisions of the Affordable Care Act, update for risk corridors

Who Will Benefit

  • CFOs, financial managers and staff at property and liability insurance entities
  • Practitioners with property and liability insurance clients
  • Users of property and liability insurance entity financial statements

Information About the eBook Option

If purchasing this title as an eBook, please note that it is intended for a single user. An eBook is a downloadable file that will be accessible immediately after completing your purchase. Access to the download link expires 180 days from the purchase date. Download the file before this time elapses. Before downloading your eBook, you must:

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  • Return to the AICPA Store and go to My Account > My Downloads
  • Click the eBook title to download and open automatically in Adobe Digital Editions

Note: To access your eBook on a smartphone, tablet or other reading device, see our FAQ. This product is refundable within 10 days of your purchase date. For more information about this product or service concerns, please contact the AICPA Store Service Center at service@hq.cpa.com or call 888-777-7077.

System Requirements

About the Publisher

AICPA

About the AICPA The American Institute of CPAs is the world’s largest member association representing the accounting profession, with more than 412,000 members in 144 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting. The AICPA sets ethical standards for the profession and U.S. auditing standards for private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination, and offers specialty credentials for CPAs who concentrate on personal financial planning; forensic accounting; business valuation; and information management and technology assurance. Through a joint venture with the Chartered Institute of Management Accountants, it has established the Chartered Global Management Accountant designation, which sets a new standard for global recognition of management accounting.