September 26, 2024 | 2:00 pm - 3:00 pm ET | Complimentary
Simplifying the Shift to Principles-Based Bond Accounting for Statutory Insurers
The Insurers’ Guide to Principles-Based Bond Accounting
Join us for an educational webinar discussing the principles-based bond definition (PBBD) project for statutory filer insurance companies that goes into effect on January 1, 2025. The PBBD project is one of the most significant National Association of Insurance Commissioners (NAIC) accounting changes in several years. You will learn the new bond principles and understand how to apply them to your bond portfolio in a streamlined way to allow for a smooth transition.
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About the Webinar
Learning Objectives
Attendees will:
- Learn the new principles-based bond definition.
- Discover how the PBBD applies to statutory accounting.
- Explore changes to the annual financial reports, specifically on Schedule D and Schedule BA.
- Walk through examples of how to apply these changes to different securities.
- Learn practical tips for a smooth implementation process.
Who Should Attend:
- CFOs
- Controllers
- Accounting managers
- Accounting professionals
CPE Details
- CPE
- 1 hour in Accounting
- CRE
- 1 hour
- Delivery Method
- Group Internet Based
- Program Level
- Intermediate
- Prerequisites
- Basic Knowledge of STAT Investment Accounting
- Advanced Preparation
- None
Meet
Our Panel
NASBA Details
Johnson Lambert LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE sponsors through its website: www.nasbaregistry.org
NASBA Sponsor # 106688
New Jersey Sponsor # CE 2158
Texas Sponsor # 009673
Refund Policy: No refunds will be issued as this course is complimentary.
Complaint Resolution Policy: To register a complaint, contact Hannah Price at [email protected] or 703-842-1174.