ELECTIVE COURSE
6 CPE credits are available for the successful completion of this course
Course cost for non-designation students and ACI Graduates – $900
The goal of this course is to provide technical and practical insight into the accounting function of an insurance organization, with specific emphasis on captive accounting. Participants will learn how actions of an insurance organization have an effect on the books. Both the GAAP and statutory basis of accounting will be discussed.
Key course takeaways:
- Define key terminology used in insurance accounting
- Describe the major cycles of an insurance organization
- Determine how to implement effective internal control
- Examine audit standards and auditor responsibilities
- Explain how taxes effect an insurance entity
Recommended Prerequisites: This is NOT an introductory level course. It is best suited for students who already have an accounting background.
Online course with live, instructor-led classes (“webconferences”).
In addition to self-paced reading and assignment work, students will be required to attend three webconference sessions, participate in two pre-recorded lectures and complete one week of follow up assignments.
Instructors in Spring 2024 are Hartley Hartman and Elyssa Nagle.
Registration Deadline: January 23, 2024 or until full
Webconference one: Tuesday, January 30th, 12:00 – 1:15 pm ET
Webconference two: Tuesday, February 6th, 12:00 – 1:15 pm ET
Webconference three: Tuesday, February 13th 12:00 – 1:15 pm ET
Office Hour: Tuesday, February 20th, 12:00 – 1:00 pm ET
This course will be offered again in Spring 2025
For further details please contact at ICCIE at 802-651-9050.
International Center for Captive Insurance Education (ICCIE) 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 submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
In accordance with the standards of the National Registry of CPE Sponsors, CPE credits have been granted based on a 50-minute hour.