Description: Presented at October 1986 Annual Meeting. This session discussion is about the report on the FASB project on accounting for Universal Life, update on American Institute of Certified Public Accountants 'AICPA' activities, report on Canadian financial reporting issues, and update on FASB and NAIC activities.

Description: Covers current and emerging issues in statutory and GAAP financial reporting in the United States and Canada. One segment focuses on the Financial Accounting Standards Board [FASB] proposal for a new accounting model for universal life insurance, with comments by a member of the FASB staff. From the 1987 Record of Society of Actuaries, Vol. 13, No. 3.

Description: This presentation is a panel discussion from the 1991 Annual Meeting of the Society of Actuaries, held October 20-23 in Toronto. Citing the current environment of recent insurance company insolvencies, bad investments, and capital erosion, the panelists discuss issues of interest to the investment actuary, including Financial accounting Standards Board [FASB] activity in market-value [MV] accounting, ways to evaluate asset quality and default risk in an MV environment, the impact of MV accounting on investment strategy, the new benchmark of ‘Return on MV Surplus,’ MV behavior of assets and liabilities, use of derivative instruments to hedge MV surplus volatility, and investment aspects of risk-based capital. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 4B.

Description: 1993 SOA Annual Meeting, New York. This session covered the waterfront in financial reporting in the United States and Canada: SEC/FASB, NAIC, IRS, Office of the Superintendent of Financial Institutions.

Description: This article looks at the areas that affect financial reporting by insurance companies. From Society of Actuaries Financial Reporting Monograph, M-AS99-1.

Description: Panelists discuss recent developments in the area of fair-value financial reporting for life insurers – specifically, the exposure draft of 'Using Cash-Flow Information,' the concept of entity-specific value, and the fair value of liabilities. From the 1997 Record of Society of Actuaries, Vol. 23, No. 3.

Description: Presented at May 1986 Spring Meeting. This session discussion is about Financial Reporting in Canada and the United States, Financial Accounting Standards Board 'FASB' update, National Association of Insurance Commissioners 'NAIC' update, the role of the Valuation Actuary in the United States.

Description: This presentation is a panel discussion from the 1991 Annual Meeting of the Society of Actuaries, held October 20-23 in Toronto. Noting that the regulatory authorities have been talking about the need to modify GAAP and statutory balance sheets to more closely reflect market values, with most of the focus on the market value of assets, the panelists discuss current regulatory thinking, including with respect to disclosures, problems associated with looking only at assets [and not liabilities], practical implications, and use of results as a management tool. From the Record of Society of Actuaries, Volume 17, No. 4B.

Description: This presentation discusses the proposed accounting standard on postretirement benefits other than pensions. From Record of Society of Actuaries Vol. 16, No. 4B.

Description: This session 5PD of the 1998 SOA Annual Meeting panel examines the recent developments and emerging thinking on efforts to explore and develop a fair value or market value based accounting approach. From the Record of the Society of Actuaries, Vol. 24, No. 3.