Report on the Observance of Standards and Codes, Accounting and Auditing : Module B - Institutional Framework for Corporate Financial Reporting, B.4 Financial Sector - Insurance

World Bank

World Bank, Washington, DC

关键词: international accounting standards;    accounting;    auditing;    international financial reporting standards;    insurance;   

RP-ID  :  113020

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

The purpose of this report is to gain anunderstanding of the financial reporting requirements forinsurance companies in a jurisdiction in addition to orinstead of the requirements for commercial enterprises ingeneral. Unless otherwise stated, the term insurance companyrefers to both insurance and reinsurance companies. Thereare also questions in relation to the monitoring andenforcement capacity of the local insurance supervisor inrespect of financial reporting of insurance companiesspecifically. Questions are based on the internationallyrecognized insurance core principles issued by theInternational Association of Insurance Supervisors. Thereport is structured as follows: overview of the insurancesector; financial reporting requirements for insurancecompanies; statutory audit and other forms of independentassurance; audit committees; filing and publication offinancial statements; monitoring and enforcement: financialreporting; and corporate governance.