Have you ever heard people running around talking about DAC, VOBA, SOX or MD&A and wondered what all the fuss was about?  Are you interested in potentially rotating into a pricing or financial reporting role that involves GAAP accounting in some way, shape or form?  Or are you new to one of these roles and would like to get a big picture overview?

This webinar will be the first in a series of webinars that explore the GAAP Accounting Framework for "beginners".  This first webinar will be an overview of the GAAP Accounting Framework as it pertains to Life and/or Annuity companies.  Attendees will be able to, upon completion of this webinar, have a high level understanding of important drivers of a GAAP Reporting Process.

Specific topics covered will include:

• GAAP Principles
• Comparison to other accounting frameworks (statutory, IFRS, etc)
• DAC
• VOBA
• SOP031
• Benefit Reserves
• Sarbanes Oxley (SOX)
• Disclosures

Sound like a lot to cover in 90 minutes?  It is!  That is why each topic will be covered at a high level, with extremely simplified examples meant to facilitate a beginner’s level of understanding.  Most of the topics mentioned above will be covered in more granular detail in future sessions of this webinar series