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Creating A Self-Insurance Balance
March 21 @ 1:00 pm – 2:00 pm EDT
Why do companies self-insure? We’ll share savings secrets, cost considerations and insights into the accounting process from our perspective as actuaries, as well as tips for avoiding actuarial pitfalls when supporting your balance sheet estimate.
Delivery: This webcast will be delivered via the BDO Online CPE Network
Prerequisites: None
Advanced Prep: None
Program Level: Basic
Upon completion of this webcast, you will be able to
- Evaluate whether your company has the risk appetite to self-insure
- Describe several types of self-insurance programs including the advantages and disadvantages of each
- Define actuarial terms including gross-up, roll-forward and IBNR
- Manage estimate changes, documentation, control deficiencies and auditor communications
BDO USA, P.C., 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.nasbaregistry.org
