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  • Generally Accepted Accounting Principles 'GAAP' for Mutuals - Current Status
    nondeferrable acquisition costs, those that are direct maintenance costs, and those that are overhead ... are included in computing gross margins are your direct maintenance costs. This was intended to be clarified ...

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    • Authors: David W Parsons, Stephen Strommen, Edward B Kiffel, Charles A Sinex
    • Date: May 1996
    • Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: Record of the Society of Actuaries
    • Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]