Long-Duration Contracts Issued by Insurance Entities Accounting Issues
Resources
AICPA logo
Cart
searchSearch
search
burger
AICPA logo
  • Home
Two people shaking hands over a document
Resources

Long-Duration Contracts Issued by Insurance Entities Accounting Issues

4 months ago · 1 min read

Identified Implementation Issues for Targeted Improvements to the Accounting for Long-Duration Contracts

Below is a list of potential implementation issues related to FASB ASU 2018-12: Financial Services—Insurance (Topic 944): Targeted Improvements to the Accounting for Long-Duration Contracts, identified by the Insurance Expert Panel. The list will be updated as the Insurance Expert Panel continues its discussions. Full implementation issues will be posted below for informal comments after review by the AICPA Financial Reporting Executive Committee (FinREC).

Staff Contact: Kim Kushmerick, kim.kushmerick@aicpa-cima.com

1, 2 Issue Paper refers to a working draft to be reviewed by FinREC and then posted for informal comments, after which will be included in the AICPA Audit and Accounting Guide: Life and Health Insurance Entities.

What did you think of this?

Every bit of feedback you provide will help us improve your experience

What did you think of this?

Every bit of feedback you provide will help us improve your experience

Related content