ASC 820 Fair Value: Securities Pricing for Fair Value Hierarchy

Caldwell NJMatthew Foley of BDO USA will present an overview of ASC 820 fair value as it relates to securities pricing. of BDO USA will present an overview of ASC 820 Fair Value as it relates to securities price testing of fair value hierarchy levels 1, 2 for GAAP reporting. Insurance companies hold large investment portfolios of fixed income securities that are held at Fair Value. This also requires that a company’s investment portfolio’s fair value hierarchy classification be reviewed for accuracy and determine if they fit liquidity requirements. This address will be featured at the SIFM Annual Conference which will take place at the Borgata Hotel and Casino in Atlantic City from September 8 – 11.

Foley will also cover the fair value hierarchy classification assessment including the definition of an active market; corporate bond active market test, and treasury bond activate market test assessment as it relates to “On-the-Run” and “Off-the-Run”.

The SIFM’s Annual Conference is a premier event that provides attendees with the opportunity to hear from key industry leaders and gain insights into the latest trends and changes in the insurance industry. The conference offers a unique platform for registrants to engage with experts and discuss various topics.  For more information, click here: SIFM Annual Conference 2024.

About SIFM

SIFM is an exclusive network of insurance financial professionals from global insurance, reinsurance companies, public accounting firms and their servicing organizations. Membership grants exclusive access to our network of industry peers, resources and expert knowledge.

For more information contact: Diane Mensinger (973 303 6297) or visit SIFM.org.

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