Description: Discusses the actuarial education now available in China at one university, and the success of that program.

Description: Professional development opportunities from the Society of Actuaries.

Description: This article from The Actuary, April 1971, volume 5, Issue 4 talks about an exposure draft. The Exposure Draft of the American Institute of Certified Public Accountants on Audits of Life Insurance Companies has not apparently had among actuaries the wide circulation it deserves, judging by the relatively few responses to Robert Winters letter in the February issue of The Actuary. This is a most important document because it affects not only the accounting practices of life insurance companies but also the status of the actuarial profession.

Description: This article from The Actuary, April 1971, volume 5, Issue 4 is about a pension section meeting. The moderator opened the meeting by laying down some general principles. Using market value instead of book, accounting for unrealized gains, taking cognizance of different cash flows, objectives, constraints on the manager, and other characteristics of the funds to be compared-all met with general acceptance, in this audience at least.

Description: This reporter spoke with Robert J. Myers ahout his role as Executive Director of the National Commission on Social Security Reform.

Description: This is the third in a series of three articles brought to you by the Society's Committee on Professional Development. The first encouraged members to author papers, the second encouraged participation in actuarial meetings, and this one encourages you to develop yourself professionally by being active on a Society or other actuarial committee.

Description: A point of view article exploring whether actuaries can be considered “true” professionals.

Description: Highlights new Professional Actuarial Study Guide entitled Distribution Costs and Compensation.

Description: This article talks about the topics to be covered at the upcoming 19th International Congress of Actuaries to be held June 19-24, 1972 in Oslo, Norway.

Description: Reviews a new pamphlet on public accounting entitled Accounting for the Cost of Pension Plans, by the American Institute of CPAs which discusses Opinion No. 8 issues.