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  • FAS 88- Advanced
    settlement accounting where you're just buying annuity products. If you recall, in the calculation of ... difference between the assets you pay for the annuity and the PBO actually being settled. That difference ...

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    • Authors: John H Grady, Walter J McLaughlin, William Torrie, Leon B Wilneff, Patricia L Wojcik
    • Date: Oct 1990
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Record of the Society of Actuaries
    • Topics: Financial Reporting & Accounting>Financial Accounting Standards Board [FASB]