Statutory Accounting Principles

All times are central time unless noted. This course meets two consecutive days from 12:00 – 3:30.

This is a Web-based, group training event. If you wish to earn CPE credit, NASBA requires an individual registration and internet connection for each participant.

Objective
This course assists the beginning statutory accountant in recognizing accounting differences between GAAP accounting and Statutory accounting for all insurer types. Participants will have a better understanding of why the differences are deemed necessary by regulators. In addition, specific statutory terminology is explained. This is a group internet-based training event..

Agenda Regulation of Insurers
- What Is Statutory Accounting?
- Assets
- Liabilities
- Accounting for Income and Expenses
- The Effects of Reinsurance on Accounting and Reporting

Intended Audience
Personnel responsible for filing statutory statements and associated reports. No advanced preparation is required. A basic understanding of statutory accounting and reporting is helpful, but not required.

*If you are registering for multiple sessions or have more than one person from your company registering for the same session, you can receive a 10% discount on the additional registration fees. The promotional code needed to receive the discount will be listed in your confirmation email.