As finance leaders at US Insurers come out of year-end close efforts, they are expected to quickly turn their attention to ASU 2018-12 - FASB’s update to Topic 944 known within the industry as LDTI (‘Targeted Improvements to the Accounting for...
Posted by Paul Newton
Yesterday, I had the pleasure of leading a panel discussion at the InsuranceERM IFRS 17 Event in London. Finance leaders from global insurers Aviva, Assicurazioni Generali SpA, Allianz, and Gjensidige Forsikring ASA joined me on the conference...
Posted by Sarah Werner
James Brittle has been Head of the Aptitude Centre of Excellence (CoE) since its inception in 2016. Before that he spent 6 years as Head of Presales for Aptitude Software.
Posted by Meagan Mujushi
A day in the life of an Aptitude RevStream user (or two)
We sat down with two Aptitude Software clients - and RevStream users, John Weis (Senior Financial Analyst) and Ryan Bidner (Finance Supply Chain Analyst), from The Climate Corporation to...
Posted by Andrea Herbert
There is no doubt about it - accounting subledgers are a hot topic of conversation in the world of insurers. And from what we have seen, it's IFRS 17 which is shining this new-found spotlight on subledgers and subledger strategy.
Posted by Meagan Mujushi
What are your plans for accounting and finance professional development in 2019?
Posted by Meagan Mujushi
We often hear accounting and finance teams tell us that their company's revenue is unique, however, in our experience, most 'like' companies have similarities in 70 to 90% of their revenue treatments.
Prospective clients consistently tell us the...
Posted by Sarah Werner
IFRS 17 is a new accounting paradigm for insurers requiring significant changes to accounting treatments. Unlike Solvency II and other insurance regulations before it, IFRS 17 compliance requires a much greater degree of collaboration between...
Posted by Meagan Mujushi
We recently sat down with Aptitude Software clients, Brian Dean (T-Mobile,) Kyle Jones (Rogers Communications Inc.,) and Lee Hendrickson (24 Hour Fitness,) to discuss revenue recognition compliance challenges, lessons learned and how they plan to...
Posted by Sarah Werner
IFRS 17, and now it's FASB counterpart, ASC 944, continues to be a hot topic of discussion among insurers. We've pulled together a list of some recent content from the last few weeks in case you missed it.