Description: This 1977 panel discussion examined evolution of accounting standards and current developments. Topics discussed included: 1. FASB'S effort to establish a framework for financial accounting and reporting 2. Implications of the conceptual framework project with respect to insurance companies 3. Implications of the conceptual framework project as it relates to actuarial principles

Description: From the Record 1977 Vol. 3, No. 4, this presentation is from a concurrent session at the Society of Actuaries 1977 Annual Meeting, held in Boston October 24-26. In this session the panelists discuss earnings by line of business as defined by the statutory blank, as well as finer subdivisions within lines. In this discussion differences between statutory and shareholder reporting, and use of a “corporate” line of business are discussed. Methods to allocate federal income taxes and expenses, including philosophy with respect to sales overhead, are addressed.

Description: Article from The Actuary, October 1985 – Volume No. 19, Issue No. 8 that is an editorial on the society and change.

Description: The paper describes an approach for determining reserves for reinsurance accepted for use in financial statements prepared according to generally accepted accounting principles. Followed by a discussion paper submitted

Description: Discussed the beginning of the Investment Section of the Society of Actuaries. From the 1987 Record of Society of Actuaries, Vol. 13, No. 3.

Description: Presented at October 1996 Annual Meeting. Using case studies, representatives of various actuarial boards and committees discuss examples of how an actuary can run afoul of actuarial standards and what happens when he or she does.

Description: This session from the 1983 SOA Spring Meeting discusses accounting issues for insurance companies including SPDA and UL accounting, reinsurance accounting and the NAIC Blanks Task Force Meeting. From Record of Society of Actuaries Vol. 9, No. 2.