Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Statutory expenses derive from statutory accounting, a system of accounting used by the insurance industry in the United States. Most consider statutory accounting more conservative than accounting ...

Explore OCBOA, a flexible non-GAAP accounting framework that includes tax-basis, cash-basis, and statutory accounting, offering an easier, cost-effective alternative for financial statements.

If you're looking for ways to expand your revenue streams, you may be considering offering statutory agent services. What do statutory agents (also known as "registered agents") do and what’s required ...

Principles of accounting and auditing existed and have been observed for many years now, most especially in the more developed countries. The Philippines has gone a long way in this area and is ...

The NAIC’s Statutory Accounting Principles (E) Working Group adopted three interpretations related to COVID-19 last week. The statutory accounting exceptions allows insurance reporting entities to ...

The market dynamics, corporate strategies, and operational structures are evolving every day, and so is the role of outsourcing finance functions in determining and directing a company’s strategic ...

I have been discussing the accounting issues in the electric rate setting process of the Energy Regulatory Commission (ERC) in the past weeks. I continue this discussion in this continuation of my ...