Describe the unique aspects of revenue recognition

Reference no: EM131290427

1. Briefly describe the unique aspects of revenue recognition for an insurance company.

2. Insurance industry-specific financial ratios are usually prepared from financial statements prepared under what standards?

3. Insurance companies tend to have a stock market price at a discount to the average market price (price/ earnings ratio). Indicate some perceived reasons for this relatively low price/earnings ratio.

4. Real estate companies contend that conventional accounting does not recognize the underlying value of the property and that this misleads investors. Discuss.

Reference no: EM131290427

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