Property and Liability Insurance Entities - Audit and Accounting Guide

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    Property and Liability Insurance Entities - Audit and Accounting Guide Availability : In Stock Product #: AAGPLI16P
    AICPA Member: $69.00
    Non-Member: $89.00
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    Property and Liability Insurance Entities - Audit and Accounting Guide Availability : eBook Download Product #: AAGPLI16E
    AICPA Member: $59.00
    Non-Member: $69.00
  • $59.00-$69.00
    Online: Property and Liability Insurance Entities Availability : 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.


  • 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

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System Requirements

About the Publisher

American Institute of CPAs

The American Institute of CPAs (AICPA) is the world’s largest member association representing the CPA profession, with more than 418,000 members in 143 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 specialized credentials for qualified professionals who concentrate on personal financial planning; forensic accounting; business valuation; and information management and technology assurance. With The Chartered Institute of Management Accountants (CIMA), it offers the Chartered Global Management Accountant (CGMA) designation, which sets the global benchmark for quality and recognition in management accounting.

The AICPA and CIMA also make up the Association of International Certified Professional Accountants (the Association), which represents public and management accounting globally, advocating on behalf the public interest and advancing the quality, competency and employability of CPAs, CGMAs and other accounting and finance professionals worldwide.

The AICPA maintains offices in New York, Washington, DC, Durham, NC, and Ewing, NJ.