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Regulatory Update for Health Organizations Workshop
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September 28, 2011 (Midwest)
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September 29, 2011 (Southwest)
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Tuition: $650 .... CPE Credits Available: 8
1-day workshop provides an update on financial regulatory issues affecting health organizations
New accounting and reporting principles in Accounting Practices and Procedures Manual, as of March 2011
Changes to SVO Purposes and Procedures Manual and other investment filing and reporting requirements
Changes to 2011 Health Annual Statement, RBC Formula and other Supplemental filings
Update on changes to Supplemental Health Care Exhibit
Changes to 2011 Health Quarterly Statement
Other financial regulatory issues under consideration at the NAIC affecting health organizations
Participants are encouraged to bring copies of their prior year's annual statement and RBC report for discussion and clarifications of any reporting problems
Changes to the 2011 Health Annual Statement including changes to the Jurat Page, Five-Year Historical Page, Schedules D, DA, etc
Additional changes to Supplemental Health Care Exhibit
Adoption of new accounting guidance for Pensions And Post-Retirement Benefits Other Than Pensions
Update to 2011 Accounting Practices and Procedures Manual including all new SSAPs, new Interpretations, modifications to existing SSAPs and all new Issue Papers
Update to 2011 Health Annual and 2012 Health Quarterly statements
Update to 2011 Health RBC Formula Changes and proposed changes for 2012
Update to 2011 SVO Purposes and Procedures Manual and current investment issues
Other financial regulatory issues
Individuals needing a comprehensive update of all financial, accounting, reporting, investment, and other financial regulatory changes for 2011 and 2012
Accountants, auditors, actuaries, underwriters, financial executives and staff, regulators and others in need of an update on statutory accounting and reporting issues
Class begins at 8:30 a.m. and concludes at 5:00 p.m.
Continental breakfast will be served before the morning session and morning and afternoon refreshments are provided. Lunch is the responsibility of the attendee.
Field of Study: Specialized Knowledge and Applications
Level of Difficulty: Update.
Prerequisites:
Familiarity with statutory accounting and reporting.
Familiarly with statutory accounting concepts.
Familiarity with the organization of the various statutory annual and quarterly statement blanks.
Familiarity with the fundamentals of GAAP for insurance companies.
Format of Course: Presentation with Training Guide, ("Group-live")
Millennium Consulting Services, LLC is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org