¿Qué es Contabilidad legal?
Contabilidad legal The accounting principles and methods prescribed by insurance regulators for financial reporting. Statutory accounting emphasizes solvency and conservative valuation of assets and liabilities. Required for regulatory filings in most jurisdictions.
Source: CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework
How is “Contabilidad legal” Used in Practice?
La contabilidad legal requiere que las aseguradoras reporten activos y pasivos bajo reglas conservadoras fijadas por los reguladores.
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Who Needs to Know This Term?
- Financial Analysts
- Bankers
- Traders
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¿Qué es Contabilidad legal?
The accounting principles and methods prescribed by insurance regulators for financial reporting. Statutory accounting emphasizes solvency and conservative valuation of assets and liabilities. Required for regulatory filings in most jurisdictions.
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