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Full-Text Articles in Business
Open Education Exploration Grant: Leigh Moon, Leigh Moon
Open Education Exploration Grant: Leigh Moon, Leigh Moon
Ames Library Awards
No abstract provided.
Illinois Wesleyan Students Receive Cpa Society Scholarships, Allegra Gallian ’09
Illinois Wesleyan Students Receive Cpa Society Scholarships, Allegra Gallian ’09
News and Events
No abstract provided.
Illinois Wesleyan Student Receives Cpa Society Scholarship, Allegra Gallian ’09
Illinois Wesleyan Student Receives Cpa Society Scholarship, Allegra Gallian ’09
News and Events
No abstract provided.
Summer Accounting Program At Iwu For Inner City Students, Leslie Boelter
Summer Accounting Program At Iwu For Inner City Students, Leslie Boelter
News and Events
No abstract provided.
Measuring Risk-Based Capital, Karen Anderson '97
Measuring Risk-Based Capital, Karen Anderson '97
Honors Projects
In order to assure policyholders that their benefits will be available when they are needed, the National Association ofInsurance Commissioners (NAIC) has begun regulating insurer capital through the Risk-Based Capital (RBC) Model Act for life insurance companies. The Model Act helps state insurance regulators plan to preserve and protect adequate insurance capital levels and maintain insurer solvency. The RBC requirements provide for a ratio which assesses the level of risk that is associated with an insurance company's assets. The purpose of the NAIC's RBC calculation is to develop the minimum amount of surplus needed given the risks assumed by the …
Consumption Taxes: An Examination, Joshua E. Richardson '97
Consumption Taxes: An Examination, Joshua E. Richardson '97
Honors Projects
The current in orne tax system fails to achieve several of these goals. This paper will examine three alternatives to the income tax: a national sales tax, a value added tax, and a personal expen iture tax. The three taxes create the same tax on an item of consumption through different methods. These options will be discussed in comparison to the current income tax on the basis of administrative efficiency, equity, economic consequences, and transitional difficulties.
Accounting For Derivatives, Craig Ward '96
Accounting For Derivatives, Craig Ward '96
Honors Projects
This paper will address the issue of disclosure concerning the derivative acitivities of publicly traded companies. The paper will begin by explaining the basics of derivatives and proceed to explain the current requirements in place to date. It will also detail the current developments of proposed new regulations for derivative activities. Then, the paper will present the results of how a sample of publicly traded companies currently account for and report their derivative positions in the financial statements. Finally, I will propose new requirements to account for and report derivatives in the financial statements. These requirements will combine ideas already …