| Papers [1-14] of 100 :: [Page 1 of 8] | | Go to page : 1 2 3 4 5 6 7 8 —> | Search results on "FINANCIAL STATEMENTS INSURANCE COMPANIES": |
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Financial Statements for Insurance Companies, 2006.
A look at Financial Accounting Standard 115, adopted by the Financial Accounting Standards Board, and the problems it will create.
2,248 words (approx. 9.0 pages), 2 sources, MLA, £ 49.95
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Abstract
This paper describes the increased difficulties in understanding the financial statements of insurance companies that will occur as a result of Financial Accounting Standard 115 (FAS 115) adopted by the Financial Accounting Standards Board. The paper explains that FAS 115 will create wide variations between companies in the carrying values used for debt securities which will necessitate even more analysis to determine a company's financial condition as well as make it impossible to compare companies' financial positions without restating each company's debt-security portfolio values to a common basis.
From the Paper
"Higher equity levels created by having debt securities carried at market will be misleading to financial statement users. Hardly anyone believes that a company can fully retain the security gains that currently exist in their portfolios. To do so would require curtailing crediting rates to those available based on current rates on new money. Competitive pressures won't allow companies to do this and retain their policyholder funds. To reflect such gains as equity of the company in the financials is just plain misleading."
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Financial Statements, 2004.
A look at the main objectives of company financial statements.
1,305 words (approx. 5.2 pages), 12 sources, MLA, £ 31.95
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Abstract
This paper examines the purpose and users of financial statements which can include present and future shareholders, creditors, employees, the government and the public at large. It looks at how the statement of principles focuses the attention of both regulatory authorities and the reporting entities on what it considers to be the main users of financial statements and current and future investors. It also discusses how there is clearly a limit to the amount of information that can be disclosed in a set of financial statements, as too much information would overwhelm users, who would not then be able to find the information relevant to them.
From the Paper
"According to the Accounting Standards Board, the Statement of Principles contains the philosophy of what the Accounting Standards Board is trying to achieve through the process of issuing accounting standards, and can be used to some extent as the mission statement of the Accounting Standards Board. In the Statement of Principles, several users of financial statements are identified (Accounting Standards Board 1999). These include present and future shareholders, creditors, employees, the Government, and the public at large. With such a diverse set of users for a company??s financial statements, it would be very difficult for a set of accounts to successfully satisfy the informational needs of all users fully. This is why the Statement of Principles focused the attention of, both regulatory authorities and the reporting entities, on what it considers to be the main users of financial statements, current and future investors."
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Health Care Financial Statements, 2004.
This paper discusses accounting methods used by health care organizations to evaluate their financial statements
1,145 words (approx. 4.6 pages), 6 sources, MLA, £ 27.95
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Abstract
This paper explains if accounts and financial statements are not maintained, then a check on the company?s profit and loss or simple money expenditures cannot be analyzed. The author points out that, even though a check on an organization?s financial statement is kept by the accounts department, it is important that the managers understand and keep a check on these reports. The paper relates that members of a health care organization can make use of the guidelines put forward by the AICPA to evaluate the financial statements.
From the Paper
"Healthcare organizations deal with a huge mass of people every day. The cash flow statements, the profit and loss account and the balance sheet unveil the potency and feebleness of such organizations. Budgeting can be easily accomplished with the help of financial statements. Budgeting allows healthcare organizations to plan and utilize people?s resources, productive aptitude and finance to the fullest."
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Anorexia Nervosa and Insurance Companies, 2005.
Discusses how insurance companies can effect the treatment available for anorexia nervosa.
675 words (approx. 2.7 pages), 4 sources, £ 18.95
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Abstract
The essay looks at the limitations that insurance companies place on the treatment of patients who are sick the disease anorexia nervosa. The premise of the paper is that anorexia nervosa is a very serious condition and, if not properly treated, may lead to the patient's death. The paper brings cases in which insurance companies have forced termination or limited treatment.
From the Paper
"This essay examines some of the issues related to the psychological disease anorexia nervosa. In "Starved Out", Cynthia Fox uses the example of two anorexic sisters to show that patients are often not reimbursed adequately from their insurance companies. Three more articles discovered show evidence that this is true. This essay will argue that anorexia nervosa is a serious, even deadly disease that is often not treated properly and adequately as patients are forced to terminate or limit their treatment due to limited benefits from insurance companies."
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Financial Statements, 2004.
Describes three types of financial statements and then poses financial questions about three major businesses.
1,356 words (approx. 5.4 pages), 3 sources, MLA, £ 33.95
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Abstract
This paper describes the balance sheet, the income statement and the statement of cash flows. It examines three companies, Exxon Mobil, Ford Motor Company and Microsoft, and asks and answers questions about their financial condition and future prospects
From the Paper
"A Balance Statement is a financial statement showing assets, liabilities and net worth at a specific time. Under generally accepted accounting principles (GAAP) the following rules apply to the creation of balance sheets: assets are to be defined as items of value both tangible and intangible that a company owns or controls; liabilities are debt sowed by an organization; equity is a residual account; equity equals assets minus liabilities; current assets are assets that will become cash in the ordinary course of business within one year..."
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Financial Statements, 2004.
A discussion on the importance of published financial statements.
4,140 words (approx. 16.6 pages), 4 sources, MLA, £ 101.95
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Abstract
This paper discusses the strengths and weaknesses of published financial statements and of accounting ratios as a means of interpreting the position and performance of a business. It compares the strengths and weaknesses of an absorption costing approach compared with a marginal costing approach in decision making. The paper explains how the use of activity based costing might improve a firm's decision making.
From the Paper
"Published financial statements including audited financials statements have a number of weaknesses. Some of the limitations of financial statements and financial statement analysis include Past financial performance good or bad is not ..."
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Financial Statements, 2005.
A brief examination of the four main components of a financial statement.
1,254 words (approx. 5.0 pages), 3 sources, MLA, £ 29.95
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Abstract
This paper explains that the four basic financial statements are the balance sheet, the income statement, the cash flow statement, and the statement of stockholders' equity. This paper refers to each, in part, and then emphasizes the interrelations between them.
From the Paper
"Resuming what I have argued for previously, there are two major arguments that demonstrate the interrelationship between the four basic financial statements. First of all, many of the values that are reflected in one statement generally find themselves in another. Even more so, there is a flow of information from one financial statement to another. As we have seen in the examples above, data from the cash flow statement is recorded on the statement of stockholders' equity or on the balance sheet."
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Financial Statements, 2006.
A discussion on the many forms that can produce a viable financial statement.
675 words (approx. 2.7 pages), 3 sources, £ 18.95
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Abstract
This paper claims that according to the United States Securities and Exchange Commission, financial statements can be produced in a variety of forms to serve a wide range of purposes in determining the economic viability of an organization. Firstly the paper reviews reviews the use of the balance sheet demonstrates the assets, liabilities and shareholders equity. Secondly, income statements demonstrate income and loss of the organization over a period of time. Third, cash flow statements provide information as to the historical flow of money through the organization, as well as determine if there is a sufficient monetary amount to satisfy debts in the course of business. Finally, a shareholder's equity statement is explored.
From the Paper
"According the United States Securities and Exchange Commission financial statements can be produced in a variety of forms, to serve a wide range of purposes in determining the economic viability of an organization. First, a balance sheet demonstrates a company's " assets, liabilities and shareholders' equity" ("Beginners", 2004, sec. 3). These are the items that a company may have on hand that are of value, the debts of the company, and the monetary worth of the company, after debts, if it were sold ("Beginners", 2004, sec. 3). Secondly, income statements demonstrate income and loss of the organization over a period of time ("Beginners", 2004, sec. 4). Third, cash flow statements provide information as to the historical flow of money through the organization, as well as determine if there is a sufficient monetary amount to satisfy debts in the course of business ("Beginners", 2004, sec. 5). Finally, a shareholder's equity statement ..."
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Case Study: People's Insurance Company, 2007.
This paper is a case study exploring organizational and management problems relating to the close integration of People's Insurance Company of Canada (PICC) with its parent company, People's Bank.
1,470 words (approx. 5.9 pages), 1 source, MLA, £ 34.95
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Abstract
This paper explains that problems began at People's Insurance Company of Canada (PICC) when its originally organic and non-hierarchical organizational structure was integrated into the more traditional hierarchical structure of People's Bank, resulting in a highly mechanistic structure at the insurance company. The author of the paper recommends that, given the biases of the bank and the insurance company, the problems regarding the decision-making process must be evaluated by an outside, independent auditor/consultant. The paper stresses that one of the key ironies of downsizing as a cost saving strategy is that, while costs obviously may be reduced by downsizing a company's labor force, in general, downsized companies do not meet either their productivity or profitability goals.
From the Paper
"In the case of PICC, this is a particular issue with respect to friction between the insurance company and the bank, as various bank staff have noted that people occupying comparable levels in the insurance company are rewarded with company cars and other perks while they themselves are not. The PICC management have defended these differences on the grounds that higher salary levels etc. were necessary to attract skilled employees within the insurance industry. As a start-up instead of an established institution, this need to attract and motivate staff with perks is a prime concern."
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Regulation Of Financial Statements, 2003.
Centers on the United Kingdom (UK)
1,125 words (approx. 4.5 pages), 7 sources, £ 27.95
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Abstract
Discusses several issues in regulating financial statements of publicly traded companies. There is a perception that statements issued by some publicly traded companies are not accurate.
From the Paper
"CONSIDERATION OF CALLS FOR THE REGULATION OF FINANCIAL STATEMENTS PREPARATION IN THE UNITED KINGDOM
This research considers the desirability of the regulation of financial statements issued by publicly traded companies in the United Kingdom (UK)."
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Prudential Insurance Company Of America, 2002.
Analysis of the Prudential Insurance Company, past and present.
1,575 words (approx. 6.3 pages), 2 sources, £ 39.95
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Abstract
Analysis o the Prudential Insurance Company, past and present. Its history and expansion from life insurance to other fields. Overview of the company within the insurance industry. Types of policies and products. Financial services and banking. Investments and the company acting as a brokerage firm. Real estate division. Discusses profit margin based on 1999 Financial Review of the Company. Potential for going public & its impact. Comparison with competition.
From the Paper
"An Analysis of Prudential
History of the Company
According to Chapin (1950), the company was founded by John Dryden in 1875 as the Prudential Friendly Society, with the business model of selling life insurance policies for the standard premium of 3 cents a week, or $1.56 per year. The company changed the name to the Prudential Insurance Company of America, and expanded sales from Newark, N.J. to New York and Philadelphia. By 1885 one million policies had been sold. The company history on Hoover's Corporate Profiles points out that Prudential added ordinary whole life insurance in 1886 and, by 1900, the firm was selling more than 2,000 such policies annually and had 3,000 agents in eight states.
The famous Rock of Gibraltar logo was designed in 1896 by New York-based J. W ..."
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Insurance Company Comparison, 2004.
A comparative analysis of two insurance companies, Travelers and Prudential.
3,670 words (approx. 14.7 pages), 9 sources, APA, £ 71.95
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Abstract
This paper focuses on two companies, both of which provide health, auto, and life insurance, but only one of which is a global organization. Prudential, is assessed as it operates on a multinational platform and is compared to Travelers, an insurance company based in Connecticut that operates domestically within the U.S. with a great deal of standardization and efficiency, but is not yet a truly global company in the way that Prudential is. It looks at how this current situation relates the two companies in terms of external, macro-environmental situations that are seen to be different, while the companies? internal environments may be assessed more in terms of similarity than difference, perhaps excluding Prudential?s recent interest in acquiring relocation programs internally and Travelers? focus on streamlining billing, arbitration, and customer service.
Outline
Executive Summary
Situational Analysis/ Global Assessment
Current Status
SWOT Analysis
Strategic Initiatives
Recommendations and Conclusions
From the Paper
"Prudential is a larger company than Travelers that nonetheless has less of a significant banking interest, and is a company that has already expanded globally. Prudential is currently showing especially strong performances in the English and Japanese branches of its international activities. But Prudential is also expanding domestically: recently news was released that, ?The giant Newark, N.J., insurance company has agreed to buy Shelton, Conn.-based American Skandia from Skandia
Insurance Co. Ltd., a Stockholm-based financial services organization, for total consideration of $1.265 billion.? (Prudential Strength, 2003, p. 10). Prudential is an economic powerhouse that is consistently highly ranked by observers and speculators. Like Travelers, its current outlook represents a ?go? attitude, but unlike in the case of Travelers, Prudential is a company with significant stakes in many different dynamic markets all over the world."
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State Farm Insurance Companies, 2003.
Provides a strategic analysis.
2,475 words (approx. 9.9 pages), 16 sources, £ 61.95
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Abstract
Examines the mutual company as the leading personal (automotive, property and casualty) insurer in the U.S., its strong industry position and positive profit potential, and its problems with customer relations and state insurance regulators.
From the Paper
"State Farm is the leading personal (automobiles, property, and casualty) insurer in the United States. The mutual company is in a strong industry position and has positive profit ..."
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Combined Insurance Company of America, 2005.
This paper discusses marketing at Combined Insurance Company of America.
3,166 words (approx. 12.7 pages), 6 sources, APA, £ 64.95
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Abstract
This paper explains that Combined Insurance Company markets mainly to middle and working class families that cannot afford large premiums and fees, to small businesses, and to medium-sized businesses setting up employee plans covered through payroll deduction. The author points out that Combined has built a company by selling affordable supplemental insurance, such as supplemental accident policies, disability coverage, life insurance, cancer and critical illness policies, and, for the senior market, Medicare Supplement and Long-Term Care plans. The paper relates that the company has a policy that avoids mainstream marketing and advertising, preferring an old-fashioned, word-of-mouth business built on referrals and keeping marketing costs low; but the independent agents would like to have legal permission to advertise if they choose.
Table of Contents
Introduction
Client Strategy
Product Strategy
Marketing Strategy
Conclusion
From the Paper
"Combined Insurance Company of America was founded in 1919 by a man named W. Clement Stone. Stone was 16 years-old when he founded the now Chicago-based insurance company and stayed with the company until his death in 2002 at the age of 100. The company now has operations all around the globe and On December 4, 2003 Combined received the 2003 Better Business Bureau Torch Award for Marketplace Ethics from The Better Business Bureau of Chicago and Northern Illinois."
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