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Resources for Accountants

Insurance Industry Fundamentals: Reinsurance Contracts [Video]

Reinsurance is a financial transaction by which risk is transferred (ceded) from an insurance company (cedant) to a reinsurance company (reinsurer) in exchange of a payment (reinsurance premium). After discussing WHY entities enter such transactions, this CPE-eligible, eLearning course (1.0 CPE) provides examples of the various types and forms of reinsurance entered into by insurance companies. However, the accounting for reinsurance contracts under U.S. GAAP depends on whether risk is properly transferred from the cedant to the reinsurer, so we spend a fair amount of time on risk transfer, including providing you with a list of ”red flags" that may call into question whether risk has indeed transferred. This online course concludes with walking through the accounting for ceded and assumed reinsurance transactions, including those transactions that fail the risk transfer analysis. Take our self-study eLearning course here: https://revolution.gaapdynamics.com/learn/course/external/view/elearning/161/insurance-industry-fundamentals-reinsurance-contracts Learn more about GAAP Dynamics: https://www.gaapdynamics.com/ Check out our other online …
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Categories
Resources for Accountants

How to Start an Indian Restaurant Business [Video]

Discover the top 10 Tips to Starting an Indian Restaurant Business. Essential Tips for business startup success. Now you can get your free business plan template gift here: https://www.bizmove.com/business-gifts.htm - This is a high quality, full blown business plan template complete with detailed instructions and all the related spreadsheets. Allows you to easily prepare a professional business plan for your new business Also get free small business guides, tools, and worksheets at: https://www.bizmove.com