If you own a small business that offers group health insurance to employees, you likely pay a portion of the employee's premium while the employee pays the remainder. Each pay period, after making ...
Insurance expenses are some of the most common expenses encountered in small business. In many cases, businesses are billed for a year or more of insurance coverage upfront. However, generally ...
The American Institute of CPAs’ Financial Reporting Executive Committee has proposed two working drafts of accounting issues for insurance entities to offer them guidance on implementing the Financial ...
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 ...