Announcement: SOA congratulates the new ASAs and CERAs for April 2024.

Announcement: SOA releases March 2024 FAM, FAML, and FAMS Exams passing candidate numbers.

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  • Filling In The GAAP
    general knowledge of the subject but have not had direct responsibilities in the area or closely followed ... services." Premium revenues should be recognized in direct proportion to such functions or services. (c) ...

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    • Authors: Burton Jay, Application Administrator
    • Date: May 1976
    • Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]
  • AVR/IMR/RBC/FAS 107 Implementation
    Company A, which owns Company B, just make them both direct subsidiariesof the parent holdingcompany. In some ... this fair-value- of-liabilitiesissuenot beingtaken care of. Maybe FAS 107 might be the end run for us. We ...

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    • Authors: Application Administrator, Edward F McKernan, Frederick S Townsend, Linda V Atkins
    • Date: Jan 1993
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Record of the Society of Actuaries
    • Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Financial Reporting & Accounting>Statutory accounting
  • GAAP Accounting For Derivatives: SFAS 133
    " as opposed to a conceptual framework. The primary goal of FAS 133 was to reflect all derivatives ... The second item is one that we don't usually care about, because that's the normal purchase and sale ...

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    • Authors: Cherri R Divin, Application Administrator, Deborah Whitmore
    • Date: Oct 2001
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Record of the Society of Actuaries
    • Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]