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English | ISBN: 1948306840 | 2020 | 672 pages | PDF | 4 MB

Stay up-to-date on current GAAP and statutory accounting and audit guidance for property and liability insurance entities. This guide provides a good grounding on the industry, its products and regulatory issues, and the related transaction cycles that a property and liability insurance entity is involved with.
Relevant guidance contained in standards issued through September 1, 2019, is covered, including the following:
FASB ASU No. 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities
SSAP No. 26R, Bonds
SSAP No. 43R, Loan-backed and Structured Securities
SSAP No. 97, Investments in Subsidiary, Controlled and Affiliated Entities
Revised for SSAP No. 101, Income Taxes, and NAIC INT 18-03, Additional Elements Under the Tax Cuts and Jobs Act