Accounting Commons^™

How To Choose And Use A Cpa: Questions And Answers For Business Owners, Taxpayers, And The General Public, American Institute Of Certified Public Accountants. Communications Division

Association Sections, Divisions, Boards, Teams

No abstract provided.

Firm-On-Firm Review Directory, January 1994, American Institute Of Certified Public Accountants. Division For Cpa Firms

Association Sections, Divisions, Boards, Teams

No abstract provided.

Aicpa Annual Report 1993-94; Vision & Leadership, American Institute Of Certified Public Accountants

AICPA Annual Reports

No abstract provided.

Annual Report 1993-1994, American Institute Of Certified Public Accountants. Sec Practice Section. Public Oversight Board

AICPA Annual Reports

No abstract provided.

Supply Of Accounting Graduates And The Demand For Public Accounting Recruits, 1994, John Daidone, Leigh W. Knopf

AICPA Annual Reports

No abstract provided.

Digest Of State Accountancy Laws And State Board Regulations, 1994, American Institute Of Certified Public Accountants, National Association Of State Boards Of Accountancy

AICPA Annual Reports

No abstract provided.

1994 Small Business Survey: Fifth Annual Report, American Institute Of Certified Public Accountants. Private Companies Practice Section

AICPA Annual Reports

No abstract provided.

Elijah Watt Sells Award, American Institute Of Certified Public Accountants (Aicpa)

AICPA Annual Reports

No abstract provided.

Tabulation Of Cpas As Of August 1, 1994, American Institute Of Certified Public Accountants (Aicpa)

AICPA Annual Reports

No abstract provided.

Aicpa Directory Of Accounting Education, 1993-1994, American Institute Of Certified Public Accountants. Academic And Career Development Division

AICPA Annual Reports

No abstract provided.

Annual Report, 1994, Board Of Examiners, Uniform Cpa Examination, American Institute Of Certified Public Accountants. Board Of Examiners

AICPA Annual Reports

No abstract provided.

Accounting Profession In The United Kingdom, Second Edition Revised; Professional Accounting In Foreign Country Series, Bdo Binder, Steven F. Moliterno

Guides, Handbooks and Manuals

No abstract provided.

Journal Of Actuarial Practice, Volume 2, No.2, 1994, Colin Ramsay , Editor

Journal of Actuarial Practice (1993–2006)

ARTICLES

Disenrollment Patterns of Elderly in Managed Care and Fee for Service • Kenneth G. Manton, H. Dennis Tolley, Robert Newcomer, James C. Vertrees, and Charlene Harrington

Modeling Insurance Cash Flows for Universal Life Policies • Robert E. Hoyt

Modal Premium Factors in Ordinary Life Insurance • James B. Ross and Criss G. Woodruff

Predicting Automobile Insurance Multi-Regional Base Pure Premiums • Edward Nissan and Iskandar S. Hamwi

A Statistical Approach to IBNR Reserves • Bradford S. Gile

Safety First and Ambiguity • Lawrence A. Berger and Howard Kunreuther

Discussion of Robert L. Brown's "Tax Assistance to Qualified Retirement Savings …

Disenrollment Patterns Of Elderly In Managed Care And Fee For Service, Kenneth G. Manton, Dennis H. Tolley, Robert Newcomer, James C. Vertrees, Charlene Harrington

Journal of Actuarial Practice (1993–2006)

As the trend to provide health care through managed care facilities increases, the need to examine ,vhy insured individuals voluntarily terminate managed care coverage grows. Voluntary termination of coverage, or dis enrollment, has both social and fiscal implications. Particularly among the elderly, patterns of disenrollment likely are related to self assessment of care needs and levels of health. In this paper we examine the patterns of dis enrollment among elderly enrollees as a function of health status and disability. We focus on disenrollment patterns from an experimental prepaid extended care facility, called a social HMO (S/HMO) and compare this pattern …

Cost Containment In Workers' Compensation: Evaluating Medical Fee Schedules, David L. Durbin, Barry I. Llewellyn

Journal of Actuarial Practice (1993–2006)

Medical expenditures in workers' compensation programs have been subjected to few cost containment strategies. As workers' compensation costs have escalated, however, increasing attention is being given to the role of medical fee schedules in containing the prices of medical services. To this end, we develop a model for estimating the potential cost savings from implementing medical fee schedules. A market basket of medical services received by injured workers is constructed. This basket is used to estimate the parameters of the model. In addition, the basket is used to determine the impact of imposing a fee schedule linked to usual and …

The Markov Chain Interest Rate Scenario Generator Revisited, Sarah L.M. Christiansen

Journal of Actuarial Practice (1993–2006)

This paper furthers the development of the Markov chain interest rate generator. Though the basic technique remains essentially unchanged, there are still many significant changes to the model. For example: (i) the long (key) rates are now are generated by a mean reversionary process; (ii) the number of shapes is increased from seven to 11; (iii) the limitation of changing by only two shape codes per year is removed; and (iv) the random walk matrix that determines the shapes is revised to be more realistic. An algorithm is developed to determine the shape code of the original yield curve, thus …

An Introduction To Individual Disability Income Insurance, Mark J. Chartier

Journal of Actuarial Practice (1993–2006)

There are several actuarial software packages purporting to calculate expected benefit cash flows on disability income insurance policies. To the author's knowledge, however, there is no published text that explains how to perform these calculations. This paper is intended to fill this gap in the literature. It describes some of the more common techniques for pricing disability income insurance. Those techniques for which claim costs can be used and those for which the pricing actuary must project cash flows are identified.

Tax Assistance To Qualified Retirement Savings Plans: Deferral Or Waiver?, Robert L. Brown

Journal of Actuarial Practice (1993–2006)

There exist significant tax incentives for retirement savings plans in Canada and the United States. Qualified employer and employee contributions, within limits, are tax deductible to the employer and nontaxable to the employee. Also, investment income is not taxed until taken. On the other hand, monies received from funds having such tax incentives are taxable in full as income to the recipient when taken. This paper analyzes the two tax advantages of qualified retirement savings plans: the tax deductibility of contributions and the nontaxation of investment income until it has been distributed. The algebraic analysis shows that the deductibility of …

"Tax Assistance To Qualified Retirement Savings Plans: Deferral Or Waiver": Author's Reply To Previous The Discussion*, Robert L. Brown

Journal of Actuarial Practice (1993–2006)

No abstract provided.

Safety First And Ambiguity, Lawrence A. Berger, Howard Kunreuther

Journal of Actuarial Practice (1993–2006)

There is considerable empirical evidence suggesting that ambiguity (i.e., parameter risk) impacts pricing decisions by actuaries and underwriters and their desire to provide coverage. Stone proposed a safety first model of choice that provides a possible explanation for this behavior. This paper analyzes Stone's proposed stability and survival constraints and compares the results with those predicted by expected utility theory. The analysis is motivated by insurers' increasing reluctance to provide coverage for certain specific risks such as earthquake damage insurance where the probability of loss is ambiguous. We show that such behavior is consistent with safety first but is difficult …

Reconciling Two Rate Level Indications: A Chain Rule Approach, Cheng-Sheng Peter Wu

Journal of Actuarial Practice (1993–2006)

The problem considered is that of reconciling two rate level indications that are based on several common factors, but have been made at different review periods. A popular approach to this problem is the so-called sequential replacement method, which calculates the impact of each individual factor. Unfortunately, this method has a serious deficiency: the estimated impact of a factor depends upon the order of the replacement. To counteract this defect, a new approach, called the chain rule approach, is developed. Using this approach, an explicit formula is given for calculating the impact and the marginal impact of each factor.

Dental Practices; Consulting Services Practice Aid, 94-1, American Institute Of Certified Public Accountants. Management Consulting Services Division

Association Sections, Divisions, Boards, Teams

No abstract provided.

Nursing Homes; Consulting Services Practice Aid, 94-2, American Institute Of Certified Public Accountants. Management Consulting Services Division

Association Sections, Divisions, Boards, Teams

No abstract provided.

Assisting Clients In Developing Credit And Collection Policies; Consulting Services Practice Aid, 94-3, American Institute Of Certified Public Accountants. Management Consulting Services Division

Association Sections, Divisions, Boards, Teams

No abstract provided.

Inquiries Of State Insurance Regulators : Amendment To Aicpa Audit And Accounting Guide Audits Of Property And Liability Insurance Companies And Aicpa Industry Audit Guide Audits Of Stock Life Insurance Companies; Statement Of Position 94-1;, American Institute Of Certified Public Accountants. Insurance Companies Committee

Exposure Drafts, Comment Letters, and Statements of Position

No abstract provided.

Reporting Of Related Entities By Not-For-Profit Organizations : Amendment To Aicpa Industry Audit Guides, Audits Of Voluntary Health And Welfare Organizations And Audits Of Colleges And Universities, Aicpa Audit And Accounting Guide, Audits Of Certain Nonprofit Organizations, And Sop 78-10, Accounting Principles And Reporting Practices For Certain Nonprofit Organizations; Statement Of Position 94-3;, American Institute Of Certified Public Accountants. Not-For-Profit Organizations Committee

Exposure Drafts, Comment Letters, and Statements of Position

No abstract provided.

Disclosures Of Certain Matters In The Financial Statements Of Insurance Enterprises; Statement Of Position 94-5;, American Institute Of Certified Public Accountants. Task Force On Insurance Companies' Disclosures

Exposure Drafts, Comment Letters, and Statements of Position

No abstract provided.

Disclosure Of Certain Significant Risks And Uncertainties; Statement Of Position 94-6;, American Institute Of Certified Public Accountants. Accounting Standards Executive Committee

Exposure Drafts, Comment Letters, and Statements of Position

No abstract provided.

Proposed Statement On Responsibilities In Personal Financial Planning Practice : Monitoring And Updating Engagements -- Functions And Responsibilities;Monitoring And Updating Engagements -- Functions And Responsibilities; Exposure Draft (American Institute Of Certified Public Accountants), 1994, Apr. 8, American Institute Of Certified Public Accountants. Statements On Responsibilities In Pfp Practice Subcommittee

Exposure Drafts, Comment Letters, and Statements of Position

This proposed Statement on Responsibilities in Personal Financial Planning Practice (SRPFP) is intended to provide guidance to members of the AICPA who perform personal financial planning services. This proposed SRPFP is advisory and does not constitute enforceable technical standards under rule 202 of the AICPA Code of Professional Conduct. This proposed SRPFP does not supersede Statements on Standards for Accounting and Review Services, Statements on Responsibilities in Tax Practice, the Personal Financial Statements Guide, or the Guide for Prospective Financial Statements. The issuance of this exposure draft was approved by the PFP Executive Committee. This proposed SRPFP provides guidance to …

Proposed Statement Of Position : Disclosures Of Certain Matters In The Financial Statements Of Insurance Enterprises ;Disclosures Of Certain Matters In The Financial Statements Of Insurance Enterprises; Exposure Draft (American Institute Of Certified Public Accountants), 1994, Apr. 20, American Institute Of Certified Public Accountants. Task Force On Insurance Companies' Disclosures

Exposure Drafts, Comment Letters, and Statements of Position

This proposed statement of position (SOP) requires insurance enterprises, where applicable, to make the following disclosures in their financial statements prepared in conformity with generally accepted accounting principles (GAAP): 1. Information about their regulatory risk-based capital (RBC). 2. The accounting methods used in their statutory financial statements that are permitted by state insurance departments that are not prescribed statutory accounting practices. 3. Information about their liabilities for unpaid property and casualty insurance claims and claim adjustment expenses. The SOP would be effective for financial statements issued for fiscal years ending after December 15, 1994.