Full-Day Fundamentals Training
Financial Reporting for Property and Casualty Insurance
Taught by Bill Rosenberger, CPA, Insurance Practice Leader & Maria Vigul, CPA, Senior Manager
Stand-alone course, can also be paired with next-day Deep Dive Workshop (described below)
Dates:
- Glendale, California: July 29, 2026
- Dallas, Texas: September 9, 2026
Insurance topics covered in a one-day, in-person training:
- The business model for property and casualty insurance
- Key statutory accounting concepts related to the investment cycle
- Loss reserving and the claims cycle
- The premium cycle
- Reinsurance
Who should attend?
New finance, accounting, and tax professionals, as well as experienced professionals seeking a refresher
After attending the training, participants will be able to:
- Explain the general business model for insurance and what makes it distinct from most other industries
- Understand different property and casualty product offerings, how to account for, and how to report premiums and related acquisitions costs
- Understand the loss reserving cycle and how to account for and report losses and loss adjustment expenses
- Understand reinsurance, the basic types of reinsurance, and how to account for and report reinsurance transactions
- Understand the investment cycle of insurers and how to account and report investing activities
- Possess an understanding of the overall regulatory environment, including requirements that are imposed on insurance entities
- Express the basic differences between the statutory basis of accounting and generally accepted accounting principles as they pertain to insurers
CPE credits: 8.0
Fields of study: Accounting, auditing
Cost: $325, including light breakfast, lunch, and snacks
Delivery method: Group, In-Person Live
Location of materials: Will be given to attendees during training
Program level: Intermediate
Prerequisites: Financial Reporting for Property and Casualty Insurance training (above) or possess a basic knowledge of accounting by insurance enterprises
Advanced Preparation: None