The Role of Principles and Practices of Financial Management in the Governance of With-profits Uk Life Insurers

Dewing, Ian/ Russell, Peter

ISBN 10: 1856176819 / ISBN 13: 9781856176811

Published by Cima Pub, 2009

About this Item

62 pages. 8.75x6.00x0.25 inches. In Stock.

Seller Inventory # zk1856176819

Bibliographic Details

• Title: The Role of Principles and Practices of Financial Management in the Governance of With-profits Uk Life Insurers
• Publisher: Cima Pub
• Publication Date: 2009
• Language: English
• ISBN 10: 1856176819
• ISBN 13: 9781856176811
• Binding: Paperback
• Condition: Brand New
• Weight: 0.14 kilograms

About this title

Synopsis

PPFMs have emerged as key internal and external governance documents for the management and regulation of with-profits funds as boards must ensure that financial management practices are in accordance with PPFMs.

This book presents the results of the special corporate governance arrangements of financial services firms. Management accountants have a role not only in the development and operation of systems producing PPFM information but will also need to use PPFM information to understand and compare financial performance.

• A significant contribution to the research literature on the regulation of the UK financial services industry and on the special corporate governance arrangements of financial services firms.
• A greater knowledge of the development, use and perceived efficacy of principles and practices of financial management (PPFMs) will enhance the understanding of management accounting and reporting at varying levels of complexity so enabling management accountants to use PPFM information to understand and compare financial performance.
• Enables Life Assurers to comply with the requirement by the Financial Services Authority to prepare and publish a document called 'Principles and Practices of Financial Management' which also has to be in a 'consumer friendly' version.