Archive for category accounting

IASB potentially creating more actuarial work

“Tonia Jackson, a project director at the SA Institute of Chartered Accountants, said short-term insurers might need more actuaries to help comply with the proposed standard.”
more…

BusinessWeek: “Consulting Pays Off for Accountants Again”

more…

The geniuses in the Texas legislature think they don’t have to divulge their GASB 45 (retiree health) liabilities

“Now Texas wants to opt out of the whole process, and hopes to persuade other states to join it. State Senator Robert Duncan, a Republican from Lubbock, has introduced a bill that would make the new accounting rule inoperable in Texas.”
That’s pretty funny.
more…

Potential CMO accounting rules could make insurer earnings more volatile

more…

FASB suggests changes to derivative accounting rule

more…

Cairnstone Re Acquires CapRisk

more…

Watch New Pension Rules?

more…

Insurers shift more catastrophe risk to bond market

more…

Sarbanes Oxley has far-reaching impact on firms

more…

Housing cost tax exemption for US actuaries working abroad greatly reduced

more…