Description: Presented at May 2002 Spring Meeting. Attendees learn of recent financial reporting activity, including Actuarial Guideline MMMM, the new AICPA Standard Of Practice 'SOP' on Non-Traditional contracts, a new SOP on internal replacements, and treatment of annuities under proposed international accounting standards.

Description: 2003 Valuation Actuary Symposium, San Diego, CA. This open forum addressed current issues of interest to actuaries in the application of U.S. GAAP. Topics included: 1. Separate account treatment. 2. Guaranteed minimum death and living benefit reserves. 3. Business combinations. 4. Internal replacements. 5. Derivative accounting.

Description: Chairperson’s column discussing the history and future of The Financial Reporting Section of the Society of Actuaries.

Description: This article gives an update on the Financial Reporting Section on upcoming developments, education and section work in 2012.

Description: Chairperson’s column discussing the latest initiatives of The Financial Reporting Section of the Society of Actuaries.

Description: This paper considers the question of whether the growth in the size of financial statements witnessed over the last several years has yielded an increase in the quality of disclosure around issues of financial risk and to what extent this disclosure is satisfying the perceived needs of readers of the financial statements, as represented by the investment analyst community.

Description: This paper considers the question of whether or not the growth in the size of financial statements witnessed over the last several years has yielded an increase in the quality of disclosure around issues of financial risk and to what extent this disclosure is satisfying the perceived needs of readers of the financial statements, as represented by the investment analyst community. The question is addressed by presenting the results of research consisting of 1 the review and analysis of the disclosures addressing issues of financial risk contained within financial statements issued from 1999 to 2004 by 25 major insurance companies operating in the US and 2 the interviewing of 5 insurance industry analysts to understand their perceptions of what is good and bad about financial disclosure practices of life insurance companies.

Description: This session 12PD of the 2005 Valuation Actuary Symposium covers issues related to financial statement disclosure. Panelists discuss financial statement disclosure requirements in the United States and other jurisdictions and examine the quantity and quality of financial risk disclosures by life insurance companies.

Description: This paper introduces basic embedded value EV principles, concepts and formulas that will be especially valuable to the beginning students of EV.

Description: Full version of The Financial Reporter, Issue No. 68, March 2007.