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Insurance Accounting Committee

The purpose of the Insurance Accounting Committee is to promote the actuarial viewpoint in the development and application of financial reporting of insurance companies as developed by international accounting standard setters, including but not limited to the estimation and review of reporting values for insurance contracts prepared in the context of International Financial Reporting Standards.

Tara Wolf

Chair

Tamsin Abbey

Vice-Chair

Steve Cheung

Vice-Chair

  • Liaise and build relationships with the International Accounting Standards Board (IASB) and International Auditing and Assurance Standards Board (IAASB) and develop the IAA's response to exposure drafts and other pronouncements of the IASB and the IAASB that relate to the financial reporting and auditing of insurance contracts and insurers.
  • Deal with matters arising from financial reporting standards of the IASB and IAASB as they relate to insurance contracts and insurers.
  • Address actuarial approaches for the professional issues of international relevance for actuaries, accountants and auditors dealing with the financial reporting of insurance contracts and insurers.
  • Establish task forces, with the approval of the EC, as appropriate to assist in the delivery of these objectives.

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