Insurance Accountants unveiled an AMS360 integration to support payment handling and reconciliation for independent ...

CHICAGO--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) announced today the successful upgrade of its SAP Financial Asset Management application to SAP S/4HANA, which further enhances its Insurance ...

Financial reporting for insurance companies that issue long-duration contracts will change under an accounting standard issued Wednesday by FASB. The targeted changes to the current reporting model ...

The Financial Accounting Standards Board is expected to issue a document Thursday proposing to improve the financial reporting of insurance contracts, including the measurement of insurance ...

FASB proposed changes to accounting rules for insurance companies that issue long-duration contracts such as life insurance, disability income, long-term care, and annuities. The Proposed Accounting ...

Insurance companies have different financial transactions than most other businesses that buy supplies and then make sales or offer services. Insurance companies may pay claims up front and then try ...

The International Accounting Standards Board has issued its long-awaited standard for insurance contracts after more than a dozen years, requiring a consistent treatment for all types of insurance ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of ...