ELECTIVE COURSE

6 CPE credits are available for the successful completion of this course

Course cost for non-designation students and ACI Graduates – $900

The goal of this intermediate-level course is to provide technical and practical insight into the accounting function of an insurance organization, with specific emphasis on captive accounting. Participants will learn how actions of an insurance organization have an effect on the books. Both the GAAP and statutory basis of accounting will be discussed.  

Key course takeaways:

  • Define key terminology used in insurance accounting 
  • Describe the major cycles of an insurance organization 
  • Determine how to implement effective internal control 
  • Examine audit standards and auditor responsibilities 
  • Explain how taxes effect an insurance entity 

Prerequisites: This is an intermediate level course.  Before taking this course, students should already have an accounting background.

Online course with weekly instructor-led webconferences

In addition to self-paced reading and weekly assignments, students will be required to attend three webconference sessions and complete a final exam.

Registration Deadline:

Webconference one:  , 12:00 – 1:15 pm ET
Webconference two:  , 12:00 – 1:15 pm ET
Webconference three:   12:00 – 1:15 pm ET
Office Hour:  , 12:00 – 1:00 pm ET

Instructors for this offering are Hartley Hartman and Elyssa Nagle.

This course will be offered again in Spring 2025

For further details please contact at ICCIE at 802-651-9050.

International Center for Captive Insurance Education (ICCIE) 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.learningmarket.org.

In accordance with the standards of the National Registry of CPE Sponsors, CPE credits have been granted based on a 50-minute hour.