Financial Reporting Section

Financial Reporting Links of Interest

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• LinkedIn 
  The Financial Reporting Section public LinkedIn group.
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• AICPA Homepage
  AICPA represents the CPA profession in the US regarding rule-making and standard-setting, and serves as an advocate before legislative bodies, public interest groups and other professional organizations.
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• Actuarial Standards of Practice
  From the Actuarial Standards Board (ASB), an independent entity established in 1988 as the single board promulgating standards of practice for the entire actuarial profession in the United States.
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• Best's Review
  A.M. Best's Review Insurance Issues & Analysis is an award-winning monthly magazine covering the insurance industry.
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• International Insurance Relations (G) Committee
  The mission of the International Insurance Relations (G) Committee is to strengthen the international insurance regulatory system and provide a forum for cooperative efforts between the NAIC, international regulators and multinational associations of regulators on issues of mutual interest. The committee also provides support to the federal government in insurance related international trade issues.
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• American Academy of Actuaries' Qualification Standard for Signing the Statutory Statement of Actuarial Opinion  
  Qualification Standards for Actuaries Issuing Statements of Actuarial Opinion in the United States Including Continuing Education Requirements Effective January 1, 2008. For purposes of the Qualification Standards, a "Statement of Actuarial Opinion" (SAO) is an opinion expressed by an actuary in the course of performing Actuarial Services and intended by that actuary to be relied upon by the person or organization to which the opinion is addressed. 
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• Life Insurer Comments on Field Testing of IASB Insurance Contracts Proposal - 17 June 2016
  Letter to the International Accounting Standards Board (IASB) dated 17 June 2016 from Manulife, MetLife, New York Life Insurance Company, and Prudential Financial on 'Field Testing of the updated tentative decisions by the IASB during re-deliberations of the IASB Exposure Draft (ED) - Insurance Contracts '. Permission to post this document was provided by MetLife.
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• International Actuarial Association Risk Book
  This collection of eighteen papers (with two under development) has been produced and approved by the Insurance Regulation Committee of the International Actuarial Association (IAA).
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• IAIS Home Page
  The International Association of Insurance Supervisors promotes effective and globally consistent supervision of the insurance industry in order to develop and maintain fair, safe and stable insurance markets for the benefit and protection of policyholders.
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• Guidance Material (including Financial reporting)
  Canadian Institute links to Guidance Material
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• Canadian Institute of Actuaries Home Page
  The Canadian Institute of Actuaries (CIA) Home Page.
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• Valuation Manual

• Current, red lined and future Valuation Manuals as provided by the NAIC.
  

• PBA Perspectives  
  PBA Perspectives is a new Academy publication to keep you up to date on activities surrounding the implementation of the principle-based approach for life insurance.
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• Principle-Based Reserves E-Courses
  Focusing on the topic of Principle Based Reserves (PBR), the SOA offers on-demand education.
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  US GAAP Textbook Spreadsheets
  Spreadsheets that define all of the examples shown in the US GAAP 2nd Edition Textbook
• Spreadsheets