This article is within the scope of WikiProject Business, a collaborative effort to improve the coverage of business articles on Wikipedia. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks.BusinessWikipedia:WikiProject BusinessTemplate:WikiProject BusinessWikiProject Business articles
This article is within the scope of WikiProject Finance & Investment, a collaborative effort to improve the coverage of articles related to Finance and Investment on Wikipedia. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks.Finance & InvestmentWikipedia:WikiProject Finance & InvestmentTemplate:WikiProject Finance & InvestmentFinance & Investment articles
How do the statutory accounting principles relate to US GAAP – are these similar? Or is there a difference in statutory reserves and US GAAP liabilities for insurers? --WWWURL (talk) 11:16, 13 March 2013 (UTC)[reply]
There are a number of differences, for example in the treatment of acquisition costs which (I think) can be deferred and amortized in GAAP but must be immediately expensed in the statutory accounts. This would be helpful information for the article, but is something that probably should be addressed by someone with an insurance accounting background.Oblivy (talk) 13:44, 13 March 2013 (UTC)[reply]
