Description: Presenters discuss: [1] market-value accounting, [2] accounting for mortgage-backed securities [MBSs] and collateralized mortgage obligations [CMOs], [3] the emergence of earnings under FAS 60 and FAS 97 products, and [4] effectively communicating financial results to management. Session 10 of the 1992 Valuation Actuary Symposium.

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: 2011 SOA IFRS Seminar, Hong Kong. This is an Excel spreadsheet associated with Session 15 - 'Cash Flows Workshop' at the 2011 SOA IFRS Seminar held in Hong Kong. This spreadsheet facilitated the sessions objective of calculating the beginning liability values for the Statement of Financial Position.

Description: This 1977 panel discussion examined evolution of accounting standards and current developments. Topics discussed included: 1. FASB'S effort to establish a framework for financial accounting and reporting 2. Implications of the conceptual framework project with respect to insurance companies 3. Implications of the conceptual framework project as it relates to actuarial principles

Description: 1993 SOA Annual Meeting, New York. This session is about the various FASB statements with which the retirement benefit actuary must deal. Emphasis was on current developments. Topics included: 1. What the FASB is all about and what its objectives have been in issuing accounting standards that deal with various employee benefit plans. 2. The practical realities of dealing with clients and some of the problems that exist in dealing with these FASB statements. 3. The utilization and implementation of these FASB statements.