Description: This article is written in response to the article that appeared in the February/March issue of The Actuary entitled Better Standards for Setting Standards written by Dave Kass. It discusses the process itself, the time it takes to develop or change standards and how quickly new ideas should be incorporated in the standards.

Description: This article from The Actuary, November 1996, Volume 30, No. 9 discusses the value of the actuary. What is our value to our publics? Is it in sheepishly agreeing with statutory impositions -pension plans are a social good that should have favored status as long as they pay their fair share - or is it in sticking to, then clarifying and explaining, our principles regardless of the penalties? Our corporate agreement with the notion that there are “individually realistic actuarial assumptions.”

Description: This author makes a few suggestions for how the ASB can improve the way it defines and sets standards of practice in light of the challenges actuaries face today. The author believes that ASOP's hould be promulgated by the ASB ony after a thorough process that goes beyond codifying existing practices.

Description: In this increasingly global economy, actuaries frequently find themselves in situations involving cross-border practice. This is particularly true for U.S. and Canadian actuaries. This article is about recent agreements and discussions among the U.S. actuarial organizations and the Canadian Institute of Actuaries [CIA] that clarify how the various actuarial standards apply to cross-border activities.

Description: Article on the need for continuing education for 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.