Financial Management and Insurance Accounting 1st Edition  (English, Paperback, National Insurance Academy)

The book covers the methods and techniques of financial management and regulations for insurance accounting in the aftermath of insurance sector liberalization. This is a dynamic area and more reforms are expected in International Financial Reporting System (IFRS), but such provisions are yet to crystallize in the Indian insurance environment. Insurance management is a critical process of fund management. Insurance accounting is a special type of financial accounting based on Indian Accounting Standards, accounting regulations and the provisions of the Companies Act and the Insurance Act. The book exhorts the readers to remain dynamically tuned to the changes in accounting practices. Key Feature

• Developed to help students and insurance professionals to become self-reliant in undertaking research, problem solving, and problem formulation
• Will assist users to acquire expertise to determine their own priorities, to interpret and use insurance concepts effectively, and to monitor the training skills in their executives
• Case studies and illustrations weaved through out the series to give theoretical as well as practical insight into various aspects of insurance operations

Table of Contents

1. Understanding the Annual Report
2. Accounting for Insurance Business with reference to IRDA Regulations
3. Specific and Relevant Accounting Standards Promulgated by ICAI
4. Understanding System and Structure of Corporate Taxation in India
5. Financial Report Analysis and Solvency Analysis
6. Methods of Evaluation of Capital Investments
7. Capital Structure of a Corporate Entity
8. Working Capital Management
9. Financial Plan and Control System