NAIC.APPM - Revision history

Graham at 15:28, 27 January 2026

2026-01-27T15:28:01Z

2025-11-27T21:47:38Z

2025-11-08T23:37:51Z

2024-07-25T18:08:29Z

‎Study Tips

2024-07-25T18:07:39Z

2024-06-26T20:14:31Z

2024-06-26T20:14:18Z

2024-06-26T20:13:28Z

2023-12-11T21:17:49Z

2023-07-30T23:30:19Z

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 [https://www.battleacts6us.ca/FC.php?selectString=**&filter=both&sortOrder=natural&colorFlag=allFlag&colorStatus=allStatus&priority=importance-high&subsetFlag=miniQuiz&prefix=NAIC&suffix=APPM&section=all&subSection=all&examRep=all&examYear=all&examTerm=all&quizNum=all<span style="font-size: 20px; background-color: lightgreen; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 10px;">'''Full BattleQuiz]'''</span> <span style="color: red;">'''You must be <u>logged in</u> or this will not work.'''</span>
-&nbsp;&nbsp;[https://www.battleacts6us.ca/vanillaforum6us/categories/naic-appm<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]
+&nbsp;&nbsp;[https://battleacts.discourse.group/c/candidates-6u/naic-appm/215<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]
 ==In Plain English!==

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 '''Author''': NAIC
-[https://www.battleacts6us.ca/vanillaforum6us/categories/naic-appm<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]
+[https://battleacts.discourse.group/c/candidates-6u/naic-appm/215<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]
 <span style="display: inline-block; background-color: blue; color: white; font-weight: bold; text-align: center; line-height: 50px; width: 50px; height: 50px; border-radius: 50%;">VIDEO</span> &rarr;

← Older revision		Revision as of 23:37, 8 November 2025
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	[https://www.battleacts6us.ca/vanillaforum6us/categories/naic-appm<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]		[https://www.battleacts6us.ca/vanillaforum6us/categories/naic-appm<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]
		+
		+	<span style="display: inline-block; background-color: blue; color: white; font-weight: bold; text-align: center; line-height: 50px; width: 50px; height: 50px; border-radius: 50%;">VIDEO</span> →
		+	[https://battleacts8.ca/6u/video/430_NAIC_APPM_(v01).mp4 <span style="color: black; font-size: 12px; background-color: aqua; border: solid; border-width: 2px; border-radius: 10px; border-color: aqua; padding: 5px 10px 5px 10px; margin-top: 100px;">'''(6:00) → APPM (Accounting Policies) - General Overview'''</span>]
		+	([[Videos \|Click here for all currently available videos.]])

	{\| class='wikitable' style='background-color: navajowhite;		{\| class='wikitable' style='background-color: navajowhite;

@@ Line 26: / Line 26: @@
 ==Study Tips==
-The CAS syllabus citation for this article is confusing. The syllabus says this is a new reading, however, it actually isn't. The year of publication for the manual changes each year but the content of the article does not. Much of the content of this reading is discussed elsewhere in the syllabus ''(materiality, for example)''. There is a only a small amount to memorize.
+The year of publication for the manual changes each year but the content of the article does not. Much of the content of this reading is discussed elsewhere in the syllabus ''(materiality, for example)''. There is a only a small amount to memorize.
 '''Estimated study time''': 1 hour ''(not including subsequent review time)''

← Older revision		Revision as of 18:07, 25 July 2024
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−	'''Reading''': Accounting Practices and Procedures Manual, Preamble~~, 2022~~	+	'''Reading''': Accounting Practices and Procedures Manual, Preamble

	'''Author''': NAIC		'''Author''': NAIC

← Older revision		Revision as of 20:14, 26 June 2024
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	[https://www.battleacts6us.ca/vanillaforum6us/categories/naic-appm<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]		[https://www.battleacts6us.ca/vanillaforum6us/categories/naic-appm<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]
−
−	The NAIC Accounting Practices and Procedures Manual (APPM) provides a comprehensive guide to Statutory Accounting Principles (SAP) used by insurance companies in the United States. It was codified to standardize accounting practices across states, ensuring consistency and comparability in insurers' financial statements. The manual emphasizes principles such as conservatism, consistency, and recognition to maintain regulatory oversight focused on solvency and the protection of policyholders. It also outlines the differences between SAP and Generally Accepted Accounting Principles (GAAP), highlighting the specific needs of regulatory bodies in assessing the financial health of insurers.

	{\| class='wikitable' style='background-color: navajowhite;		{\| class='wikitable' style='background-color: navajowhite;

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 * The manual '''emphasizes principles''' such as:
-:* conservatism
+:* ''conservatism''
-:* consistency
+:* ''consistency''
-:* recognition
+:* ''recognition''
-* These principles aim to maintain regulatory oversight focused on solvency and the protection of policyholders.
+* These principles aim to maintain regulatory oversight '''focused on solvency''' and the protection of policyholders.
-* It also outlines the differences between SAP and Generally Accepted Accounting Principles (GAAP), highlighting the specific needs of regulatory bodies in assessing the financial health of insurers.
+* It also outlines the '''differences''' between SAP and Generally Accepted Accounting Principles (GAAP)
 |}

← Older revision		Revision as of 21:17, 11 December 2023
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−	~~{\| class='wikitable' style='background-color: navajowhite;'~~
−	\|-
−	~~\|\| <span style="color: green;>'''Updates COMPLETE: (for 2023-Fall)'''</span>~~
−	* This reading is listed as "new" but it is really just a modification of an existing reading and is updated every year by NAIC.
−	* '''There are no changes for 2023-Fall.'''
−	\|}
−
	'''Reading''': Accounting Practices and Procedures Manual, Preamble, 2022		'''Reading''': Accounting Practices and Procedures Manual, Preamble, 2022

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-{| class='wikitable' style='background-color: yellow;'
+{| class='wikitable' style='background-color: navajowhite;'
 |-
-|| Updates to this article will be done once the study kit becomes available from the CAS. (Changes are probably minor.)
+|| <span style="color: green;>'''Updates COMPLETE: (for 2023-Fall)'''</span>
 |}