TAILIEUCHUNG - ACCOUNTING EDUCATION NEWS - AMERICAN ACCOUNTING ASSOCIATION

Written premium is commonly used in the property/casualty insurance industry as a measure of business growth. Therefore, an understanding of the components of written premium is necessary to evaluate growth correctly. Absent this understanding, a user of written premium information may misinterpret the true growth rate of an insurer, especially during periods of rapid change (such as a change in processing systems or transition to a different type of business.) In the simplest case, the policy premium is known and fixed in advance once the policy is sold. The policy is never changed via endorsement or. | ACCOUNTING EDUCATION NEWS http Co-Editors Jane F. Mutchler and Tracey E. Sutherland Volume 33 Issue No. 2 2005 2005 Annual Meeting August 7-10 American Accounting Association Accounting Education News Published Five Times a Year 5717 Bessie Drive Sarasota FL 34233-2399 It is with great excitement and anticipation that I invite you to attend the AAA Annual Meeting from August 7-10 in San Francisco. Joe Carcello and his Annual Meeting Planning Committee have done an outstanding job in assuring that there is something for everyone. This year s Annual Meeting theme is The Sarbanes-Oxley Act A Three-Year Retrospective. Our plenary speakers are ideally positioned to comment on the Sarbanes-Oxley Act SOX . To kick off the meeting the AAA is hosting a special dinner on Sunday night where Representative Michael Oxley will share his thoughts on this landmark piece of securities legislation. Other plenary and luncheon speakers for the conference include . Secretary of the Treasury the Honorable John Snow former Chairman of the Business Roundtable former co-chair of The Jane F. Mutchler Conference Board s Commission on Public Trust and Private Enterprise and former CEO and Chairman of the Board of CSX Corporation Katherine Schipper FASB Board member will give the Presidential Scholars address Denny Beresford Ernst Young Executive Professor at the University of Georgia and a member of the Board and audit committee at MCI post-WorldCom fraud Cynthia Cooper best known for her role in uncovering WorldCom fraud Judy Rayburn will share her vision as the new President of the AAA In addition to the plenary speakers the program includes numerous panelists speakers and topics that will appeal to a broad cross-section of our membership. Speakers for panel sessions include among others Steve Albrecht Senior Associate Dean of the Marriott School of Management and Accounting Professor Brigham Young University Andy Bailey Deputy Chief Accountant at the SEC Ben Bailey partner .

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