Description: This session from the 1992 Valuation Actuary Symposium covers recoverability and loss recognition including using cash flow testing to determine loss recognition or recoverability, actuarial standard of practice 14, and valuation work by line of business or issue-year groups.

Description: 1994 SOA Spring Meeting, Orlando. This session is about professional responsibility, qualification standards, ethical standards and standards of practice.

Description: This presentation is a panel discussion from the 1991 Annual Meeting of the Society of Actuaries, held October 20-23 in Toronto. The panelists discuss the obligations and requirements with respect to cash flow testing for yearend 1991, at that time contained in Actuarial Standard of Practice No. 14. Topics include difficulties in the cash-flow testing process, such as asset and liability construction and assumptions, and strategy. Other topics are interpretation of results, how to cost-justify cash-flow testing, Canadian cash-flow techniques and issues, and asset liquidation versus borrowing. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 4A.

Description: Panelists address topics such as techniques for testing data quality, the actuary’s responsibility for verifying the reasonableness of data, and considerations in modifying data sources for specific situations. Included is a discussion of ASOP No. 23. From the Record of the Society of Actuaries, Volume 27, No. 1, Session 96

Description: This session from the 1994 Valuation Actuary Symposium covers professional standards and the appointed actuary.

Description: This session from the 1995 SOA Vancouver Meeting discusses the actuarial codes of professional conduct and standards of practice in the U.S., how the codes from other countries pertain to actuaries practicing there and code and cultural differences in other countries. From the Record of the Society of Actuaries, Vol. 21, No. 3a.

Description: This is the special report about actuaries taking professional inventory. External, as well as internal, forces have directed actuaries' attention to the need for a re-examination and reappraisal of their 'professionalism.' As evidence of the need for an introspective analysis, the following are issues that several actuarial bodies are currently examining through joint committees: 1. independence, 2. organization and disciplinary procedures, 3. professional conduct, 4. actuarial principles for funding of pension plans, 5. education and examination, and 6. experience requirements. Most of these involve the relationship of the actuary to the general public. From Transactions of Society of Actuaries 1974, Vol. 26, Pt.2D, No. 75 AB.