The Evolution of Auditing Loss Reserves: Prepare for New Requirements

Delve into the latest auditing standard updates regarding estimates and the use of specialists. During this webinar, our panel discusses Statements on Auditing Standards (SAS) 143 and 144, their impact on auditing insurance company loss reserves, and the use of an actuarial specialist. Watch the recording to learn how the standards impact the auditor’s understanding of internal controls over the estimate and the testing of the estimate, as well as an actuarial perspective on key considerations surrounding the selection and application of the methods, assumptions, and data underlying management’s selection of a point estimate.