IFRS Update: IASB/FASB Insurance Contracts Project


The Academy’s International Accounting Standards Task Force (IASTF) will present a webinar on Nov. 1 on the FASB and IASB Insurance Contracts Project. You will learn about IASB’s work on Phase 2 of the project and the resulting significant changes to the International Financial Reporting Standard (IFRS) on insurance contracts, and potential changes to U.S. GAAP.
 
This 90-minute webinar will include these topics:
  • Premium allocation approach
  • Presentation of income and expense
  • Current U.S. GAAP/IFRS 4 transition to the new GAAP/IFRS
  • Different positions between FASB and IASB
  • Other Comprehensive Income (OCI) uses
  • Timeline for upcoming FASB and IASB Insurance Contracts exposure drafts

SPEAKERS   

  • Noel Harewood, MAAA, FSA; Member, IASTF
  • Robert Miccolis, MAAA, FCAS; Member, IASTF
  • Doug Van Dam, MAAA, FSA; Member, IASTF

WHO SHOULD ATTEND

Life, health, and casualty actuaries, and regulators involved in financial reporting.
 

DETAILS

IFRS Update: IASB/FASB Insurance Contracts Project
Nov. 1, 2012
Noon−1:30 p.m. Eastern
 

REGISTRATION

Registration Fees
  • Members: The registration fee is $50.00 for Academy members.*
  • Nonmembers: The registration fee is $100 for nonmembers.
  • Regulators: Invited free of charge.
How to Register
  • Members: Register online. You must use the Webex code in order to receive your member discount. If you do not know the member code, please contact Gabriel Swee at swee@actuary.org or 202-223-8196. Please indicate that you are an Academy member registering for the IFRS Update webinar.
  • Nonmembers: Register online.
  • Regulators: Contact Gabriel Swee at swee@actuary.org or 202-223-8196 to register. Please indicate that you are a regulator egistering for the IFRS Update webinar. 
*Special note to eligible Academy volunteers: To qualify for complimentary registration, you must be a member of an Academy committee (including boards, committees, sub-committees, work groups, task forces, etc.) and also be qualified for either a partial or total dues waiver during 2012. Please contact Gabriel Swee at swee@actuary.org or 202-223-8196 to register. Learn more.
 

CE CREDIT

The American Academy of Actuaries believes in good faith that your attendance at this live webinar, “IFRS Update: IASB/FASB Insurance Contracts Project,” constitutes an organized activity as defined under the current Qualification Standards for Actuaries Issuing Statements of Actuarial Opinion in the United States depending upon your area of practice. Under these Qualification Standards, an hour of continuing education is defined as 50 minutes, and fractions of an hour may be counted.
 

QUESTIONS

  • For more information about this webinar, contact Gabriel Swee at swee@actuary.org or 202-223-8196.
  • For technical questions about registration, please contact WebEx customer support at 1-866-229-3239 or by e-mail at support@webex.com.