2021 Membership

The NAIC/AICPA Working Group addresses financial solvency issues and works with the American Institute of Certified Public Accountants (AICPA) on various issues.

2022 Proposed Charges

The 美国注册会计师协会 会计师(AICPA) (E)工作小组 will:

1. Continually review the 年度财务报告模式监管 (#205) and its corresponding implementation guide; revise as appropriate.
2. Address financial solvency issues by working with the AICPA and responding to AICPA exposure drafts.
3. 监督联邦政府2002年的萨班斯-奥克斯利法案, 以及美国颁布的规章制度.S. 证券交易委员会, 上市公司会计监督委员会(PCAOB), 以及其他金融服务监管机构.
4. Review annually the premium threshold amount included in Section 16 of Model #205, with the general intent that those insurers subject to the Section 16 requirements would capture at least approximately 90% of industry premium and/or in response to any future regulatory or market developments.

2021 Adopted Charges

The 美国注册会计师协会 会计师(AICPA) (E)工作小组 will:

1. Continually review the 年度财务报告模式监管 (#205) and its corresponding implementation guide; revise as appropriate.
2. Address financial solvency issues by working with the AICPA and responding to AICPA exposure drafts.
3. Monitor the federal Sarbanes-Oxley Act, 以及美国颁布的规章制度.S. 证券交易委员会, 上市公司会计监督委员会(PCAOB) 以及其他金融服务监管机构.
4. Review annually the premium threshold amount included in Section 16 of Model #205, with the general intent that those insurers subject to the Section 16 requirements would capture at least approximately 90% of industry premium and/or in response to any future regulatory or market developments.

Model Audit Rule Revisions

The Executive Committee/Plenary has adopted as final the revisions to the 年度财务报告模式监管 (the Model Audit Rule). 修订涉及到审计师的独立性, corporate governance, 以及财务报告的内部控制. 以下是对修订的总结.

—The adopted revisions reduce the number of consecutive years an audit partner may participate on the audit of an insurer and also lists various non-audit services that auditors may not provide to an insurer in order to maintain its independence. Realizing that it may be difficult for small insurers to comply with the prohibited services requirement, a small company exemption is included that indicates that those insurance companies with less than $100 million in direct written and assumed premium may request an exemption from this requirement.

—The adopted revisions require that insurance companies have an audit committee that is solely responsible for the appointment, 赔偿和监督公司的审计师. 该指南还指出，一些审计委员会, 根据保险公司的保费数额, would need to be comprised of a certain percentage of individuals that are independent from company management. Companies meeting certain requirements may request an exemption from its domiciliary commissioner based on hardship. 该模型的生效日期为2010年1月1日.

—The adopted revisions require that insurance companies with $500 million or more in direct and assumed premium file a report with the state insurance department regarding its assessment of internal control over financial reporting. This report will include a statement by management whether these controls are effective to provide reasonable assurance regarding the reliability of the statutory financial statements and disclosure of any unremediated material weaknesses in internal control over financial reporting. The independent certified public accountant should consider this report during the planning and performance of the annual audit. In addition, the proposed revisions require the insurer to file with the state insurance department the independent certified public accountant’s communication regarding any unremediated material weaknesses noted during the course of an audit. 该模型的生效日期为2010年12月31日.

The Working Group and 财务状况(E)委员会 have adopted an Implementation Guide designed to assist insurers in complying with the new requirements included in the amended Model Audit Rule regarding auditor independence, 公司治理和内部控制的财务报告. It is intended to be interpretative guidance only and will be included as an appendix to the 会计实务和程序手册.