Description: Article discusses strategies to reduce book value fluctuations due to adoption of FAS 115 and their drawbacks.

Description: This article discusses the discount rate that should be used under GASB 45. Public employers now find themselves in a similar situation to private sector employers in the early 1990's in that GASB 45 requires them to measure liabilities including post-retirement medical liabilities using accrual accounting.

Description: Life insurance companies find themselves in a significantly more complicated environment than that of just a few years ago. Managements face an uncertain investment environment, the real possibility of deteriorating future mortality due to the spread of AIDS, and alternative and competing distribution systems.

Description: Article from The Actuary, November 1971 – volume 5 - Issue 9 is a reprint of an address delivered at the 1971 Annual Conference of the LOMA. The article discusses realistic financial reports for life insurance companies.

Description: This article asks the question of how to account for the purchase of a life insurance company. It outlines first what the extreme possibilities are, and second, what range of practical approaches might prove acceptable to both the accounting and actuarial profession.

Description: This Special Release of the Financial Planning and Control Division of the LOMA is a well-organized summary of the responses of 96 U.S. stock life insurance companies that adjust statutory statements to a GAAP basis. Results are presented in Section A for all 96 companies, in Section B for 36 companies with less than $25 million of premium income, and in Section C for the remaining 60 companies. From The Actuary, October 1974, Vol. 8, No. 8.

Description: Article from The Actuary, June 1971 – volume 5 - Issue 6 answers the question- What are adjusted earnings?

Description: This article discusses the impact on the financial statements of changing from Statutory Accounting to GAAP Accounting and the under-reporting of long-term earning power by insurance companies because of the AICPA technique of handling the transition.

Description: The Actuary Vol. 22, No. 2. This article discusses how the the choice of basis for measuring Interest Rate Spread impacts pricing and accounting for interest sensitive products.

Description: This article from The Actuary, April 1971, volume 5, Issue 4 talks about an exposure draft. The Exposure Draft of the American Institute of Certified Public Accountants on Audits of Life Insurance Companies has not apparently had among actuaries the wide circulation it deserves, judging by the relatively few responses to Robert Winters letter in the February issue of The Actuary. This is a most important document because it affects not only the accounting practices of life insurance companies but also the status of the actuarial profession.