2024 MSCPA Annual Convention: Details

Introduction to the Property & Casualty Insurance Industry

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Friday, August 16, 2024 @ 4:00pm 5:00pm
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Description

The insurance industry has unique accounting and regulatory requirements. This course provides an introduction to those unique requirements, including the multiple layers of regulation, statutory vs. GAAP accounting, non-admitted assets, special treatment of taxes, and more! This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Prerequisites

None

Highlights

The major topics covered in this class include:

  • The unique regulatory world of insurance
  • Differences from other industries
  • Differences within the industry
  • Types of accounting
  • Involvement of specialists
  • Tax considerations

Objectives

After attending this presentation you will be able to...

  • Identify key differences in the insurance industry and appropriately address those differences
  • Enable effective audit, tax, and advisory services to the unique insurance industry

Preparation

None

Credits

Category Amount
Accounting&Auditing 1.00