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New Actuarial Standards for Insurance Company Reporting in Canada
First year commissions are 50% of premiums, other direct first year expenses are 50% of premiums, indirect ... outset, I would like to state that GAAP has as its primary objective the proper matching of costs and revenues ...- Authors: Kenneth T Clark, Daniel J Kunesh, Robin B Leckie, Michael Rosenfelder
- Date: May 1978
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Financial Reporting & Accounting; Public Policy
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Financial Reporting in Canada and in the U.S.
the basic statement, to make the schedule the primary source of all accident and health information and ... could result in changes to the blank, the most direct effect would be from the first charge, which was ...- Authors: Peter F Chapman, Kenneth T Clark, Richard S Robertson, Virgil Wagner
- Date: Oct 1979
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Financial Reporting & Accounting
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Actuarial Certifications and Opinions Rendered
Actuarial Certifications and Opinions Rendered This 1978 session discussed actuarial certifications ... is required that an enrolled actuary exercise due care, skill, prudence and diligence to ensure that: ...- Authors: Kenneth T Clark, Carl R Ohman, Richard H Snader, PETER J SALZMANN, Leslie Shapiro, Donald E Trudeau
- Date: Apr 1978
- Competency: Professional Values>Practice expertise
- Publication Name: Record of the Society of Actuaries
- Topics: Actuarial Profession>Qualifications; Financial Reporting & Accounting; Pensions & Retirement>Pension legislation and regulation