Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Insurance Financial Reporting

Insurance Financial Reporting

Norouzi, Fariba

Paperback

Business General

ISBN10: 6208448085
ISBN13: 9786208448080
Publisher: LAP Lambert Academic Publishing
Published: May 29 2025
Pages: 120
Weight: 0.38
Height: 0.28 Width: 6.00 Depth: 9.00
Language: English
As one of the fundamental pillars of modern economies, the insurance industry plays a crucial role in ensuring financial stability, risk management, and future security in societies. Within this context, insurance accounting due to the inherent complexities of insurance contracts and the long-term nature of liabilities, requires accurate, conservative, and reliable accounting standards. The three major accounting frameworks that serve this field-Statutory Accounting Principles (SAP), Generally Accepted Accounting Principles (GAAP) in the United States, and International Financial Reporting Standards (IFRS)-each respond to the industry's needs with distinct approaches. This book is written to provide a comparative and analytical review of these three frameworks, enabling readers, particularly accountants, financial analysts, insurance managers, and students in finance and insurance disciplines, to understand the key similarities and differences among these standards.

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