Committees & Activities

Emerging Accounting Issues Working Group
Financial Condition (E) Committee
Accounting Practices and Procedures Task Force

The Emerging Accounting Issues Working Group responds to questions of application, interpretation and clarification that are generally much narrower in scope than development of a new Statement of Statutory Accounting Principle (SSAP). The EAIWG reaches a consensus position on a specific issue, and this consensus position is captured in an Interpretation (INT) of an SSAP. In no event shall a consensus opinion of the EAIWG amend, supersede or otherwise conflict with existing, effective SSAPs. For this reason, many times the EAIWG will refer items to the Statutory Accounting Principles Working Group.

Issues for consideration by the EAIWG can be submitted via a Form B to NAIC staff support.

2010 Charges

  • Provide authoritative guidance on current statutory accounting issues, generally relating to application, interpretation and clarification of existing statutory accounting principles, by conducting meetings at NAIC national meeting sites when necessary.
  • Evaluate individual statutory accounting issues based on its established two-meeting timeline and report its findings to the Accounting Practices and Procedures Task Force.

Exposed Items:

Comments on following exposed tentative positions should be forwarded to jtittle@naic.org or rmarcott@naic.org by the September 16, 2010 comment deadline.

EXPOSURE OF NEW TENTATIVE INTERPRETATIONS

Tentative INT

Raised By Guidance Interpreted Tentative Consensus

INT 07-05T

Item EITF 06-10

GAAP Hierarchy EITF 06-10: Accounting for Deferred Compensation and Postretirement Benefit Aspects of Collateral Assignment on Split-Dollar Life Insurance Arrangements Exposed with recommendation to move the tentative interpretation to the other listing without finalizing. Guidance related to the issues of control and ownership has been included in SSAP No. 21.
Conference Call Calendar

A full list of NAIC conference calls & interim meetings is available on the NAIC Conference Call Calendar.

There are no materials at this time.

exposure drafts
There are no exposure drafts at this time.
documents and resources

Oct. 21 Memo to Preparers of Statutory Financial Statements

Accounting Practices and Procedures Manual Updates
Form B

A guide to Status of Issues addressed by the EAIWG - Updated August 2010

NAIC Policy Statement on Emerging Accounting Issues Agenda Process
Related NAIC Publications
Minutes for the four most recent NAIC National Meetings are available free for meeting attendees and members. Members may access minutes via StateNet. If you do not know your User ID or password, please contact the NAIC Help Desk.

Accounting Practices and Procedures Manual

Annual and Quarterly Statement Instructions
States' Prescribed Differences from NAIC Statutory Accounting Principles
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Contacts
Media queries should be directed to the NAIC Communications Division at 816-783-8909 or news@naic.org.
John Tittle
Manager, Accounting Policy
Phone: 816-783-8120
Fax: 816-460-7612
Robin Marcotte
Accounting and Reporting Manager
Phone: 816-783-8124
Fax: 816-460-7571
Julie Gann
Accounting Policy Advisor
Phone: 816-783-8966
Fax: 816-460-7821

Ryan Couch
Sr. Accounting & Reinsurance Policy Advisor
Phone: 816-783-8421
Fax: 816-460-7654

Please see the current Committee List for a complete list of committee members.