Academy Webinar:
IFRS/General Purpose Insurance Contract Accounting
Thursday, February 25, 2010
12:00 p.m. – 1:00 p.m. (EST)
The IASB and the FASB have announced they intend to publish an Exposure Draft of a new GAAP accounting standard for insurance in the second quarter 2010. This standard would replace current GAAP accounting for insurance contracts and represents a major change for long duration contracts (non-P&C) and a potentially smaller change for short duration contracts (P&C).
To help you better understand the implications of the changes to general purpose insurance contract accounting, the Academy’s International Financial Report Standard (IFRS) Task Force is hosting a 60-minute webinar* for anyone who could benefit from an introduction to the work of the IASB, and will provide the high level details of what is likely to be a long and technical document.
Speakers
The speakers included:
- Rowen Bell: FSA, MAAA, member of the Academy’s IFRS Task Force, and Chairperson of the Financial Reporting Committee
- Gareth Kennedy: MAAA, member of the Academy’s IFRS Task Force, member of the Academy’s Financial Reporting Committee, member of the Academy’s Governance Task Force, and member of the Casualty Actuarial Society's Candidate Liaison Committee
- Doug Van Dam: MAAA, member of the Academy’s IFRS Task Force, and member of the Society of Actuaries
Webcast resources
CE credit
The American Academy of Actuaries believes in good faith that the IFRS webinar may constitute an Organized Activity as defined by the current Qualification Standards for Actuaries Issuing Statements of Actuarial Opinion in the United States. Under these Qualification Standards, participation in this webinar represents 1.2 credits.
Questions?
- For technical questions about registration, please contact Webex customer support at 1-866-229-3239 or by e-mail at support@webex.com.
- For other types of assistance, please contact Phillip Hafler at the Academy (hafler@actuary.org; 202-223-8196).
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