Description: This article discusses the possible factors that could impact shareholders' reported equity upon transition from IFRS 4 to IFRS 17. It classifies these factors in two categories: 'Factors Related to Insurer's Business and Accounting Practices up to the Transition Date' and 'Factors Related to Implementation of IFRS 17'. It also briefly discusses improvements that are expected in the financial statements from adopting IFRS 17.

Description: Feature article giving an update on the International Standards of Actuarial Practice and International Actuarial Notes.

Description: There is often a disconnect between the way products are priced IRR and embedded value methods and the way business performance is measured once it is already on the books GAAP and GAAP ROE. This article discusses the theoretical reasons for this disconnect and how an accounting system could be developed to eliminate the disconnect and thereby align investor and management expectations with the financial reporting system.

Description: Description of results from a survey of 35 insurance companies on the impact of proposed principle-based reserves for life insurance products.

Description: Actuaries are accustomed to considering how much conservatism is appropriate in their estimates, whether made for pricing or for mea- surement of liabilities. In the proposals for a new standard on accounting for insurance contracts, this conservatism is referred to by the International Accounting Standards Board IASB and the Financial Accounting Standard Board FASB of the United States as the risk adjustment.

Description: Letter From the Editor A Fly on the Wall: What Is a Meeting of the Financial Reporting Section Council Like? by Jerry Enoch from The Financial Reporter, June 2003, Issue No. 53.

Description: This article is an update, as of May 2021, on Financial Reporting Section sponsored projects in process and those recently completed

Description: A New Perspective on Risk Management: Creating Value by Managing Risk by Francis P. Sabatini and Joseph Weiss from The Financial Reporter, December 2001, Issue No. 48.

Description: Update on statutory Valuation reserves and required surplus for variable annuities with living benefit guarantees

Description: This article provides an update, as of October 2023, on Financial Reporting Section research projects in process and those recently completed.