Description: The purpose of this article is to explore the causes and effects of FAS 97 DPAC amortization revisions and to encourage the preparation of analysis that will assist in the interpretation and communication of results for management users of GAAP product line financial reports involving such revisions. From Society of Actuaries Financial Reporting Section Monograph, M-AS99-1.

Description: This is a series of 4 articles designed to address fundamental concepts such as GAAP rules and their application to some of the major accident and health lines of business offered by insurers. The first article begins with a review of the structure/hierarchy of generally accepted accounting principles GAAP. From Society of Actuaries Financial Reporting Monograph, M-AS99-1.

Description: This monograph discusses Present Value Profits PVP with respect to purchase accounting. From Financial Reporting Section Monograph, AS99-1.

Description: This article addresses a specific PGAAP issue companies have faced recently in implementing PGAAP, specifically, whether it is appropriate, under current purchase accounting guidance, to defer heaped renewal commissions. From Society of Actuaries Financial Reporting Monograph, M-AS99-1.