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Insurance — Accounting and financial reporting update (2012)

Published on: Dec 17, 2012

During 2012, the financial services industry continued its recovery from the financial crisis. However, lingering economic concerns — coupled with extensive regulatory reform and accounting changes now underway — have contributed to the industry’s challenges. Thorough preparations and unwavering focus will remain a necessity as financial services companies respond and adapt to this volatile business climate.

This annual update highlights the specialized accounting and reporting considerations applicable to insurance companies.


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