Author challenges one of the oldest accounting double bookkeeping rules, used since 1494, and proposes instead application of the quadruple accounting entry. He presents the concept of the multiply accounting entry for the risk financial statements and risk management. The development gap...

This paper discusses the issues relating to the asymetrical transfer of the long term contracts risk into insurance companies. Author outlines the key auditing issues linked to the excessive risk assets and excessive risk liabilities. There is a short discussion on the actuarial report gap...

The paper presents the methods for auditing and disclosing the jubilee and retirements provision. The accounting treatment and risk assessment is presented. A simplified example illustrates the discussed issue

The paper examines the need for introduction of the materiality limits for actuarial calculations; it discusses the different needs for reports users. Author in details outlines the issues linked with the services of the independent actuary for derivatives users of the actuarial calculation

This paper outlines practical issues regarding the application of the long term contracts for Polish accounting environment. A review of the auditing methods and its application for the derivatives and multi-periods treatment was examined. The tax and accounting reference gap has been discussed

The article presents the initial proposal for the group risk measurement based on the comparison of two interconnected sets of webs. The risk scalar has been presented both for each separated subsidiary as well as for the group itself. It was shown the risk profile of the group could be...

The correlation analysis was conducted on dynamic of GDP and company failure rate for Poland, Europe and USA for the period 2003-2011; it was found a negative correlation. An analysis was undertaken for the relation between the rate of corporate failure in Poland and the rate of change of overall...

The paper presents the approach for the verification of the lemma used for the model for reputation risk for subsidiaries of non-public group with reciprocal shareholding as proposed by the author in priory works. For all entities with the absolute value of the reputation risk greater than the...

The article presents the initial proposal for the group risk measurement based on the comparison of two interconnected sets of webs. The risk scalar has been presented both for each separated subsidiary as well as for the group itself. It was shown the risk profile of the group could be...

Author challenges one of the oldest accounting double bookkeeping rules, used since 1494, and proposes instead application of the quadruple accounting entry. He presents the concept of the multiply accounting entry for the risk financial statements and risk management. The development gap...