The American Institute of CPAs’s Financial Reporting Committee released working drafts Monday of two pieces of implementation guidance for the Financial Accounting Standards Board’s long-duration ...

The Financial Accounting Standards Board released a long-awaited accounting standards update Wednesday to improve the financial reporting for insurance companies that issue long-duration contracts, ...

Insurance companies must save a certain percentage of the premiums they receive to pay for claims. The amount set aside, the reserves, must be enough should a large group of policyholders experience a ...

Drilled into the head of every accounting student are the generally accepted accounting principles, or GAAP, that govern the process of accounting. These principles form the foundation on which ...

MALVERN, Pa.--(BUSINESS WIRE)--The Insurance Accounting & Systems Association (IASA) has opened registration for IASA Xchange™ 2026, its annual conference and tradeshow for insurance professionals ...

Vitruvio, the people-first, technology-supported accounting solutions firm built exclusively for the insurance industry, ...