Associate In Insurance Accounting And Finance - AIAF

AAA

DEFINITION of 'Associate In Insurance Accounting And Finance - AIAF '

A professional designation program designed to educate candidates about understanding and preparing financial statements for insurers. The Associate in Insurance Accounting and Finance (AIAF) program covers topic areas such as: insurance information systems, accounting and regulations for property and liability insurers, and other related coursework.


INVESTOPEDIA EXPLAINS 'Associate In Insurance Accounting And Finance - AIAF '

Insurer financial statements are prepared to comply with regulations set forth by the National Association of Insurance Commissioners (NAIC) and other regulators. To obtain the designation, the candidate has to complete the program and pass exams administered by the Insurance Institute of America (IIA).

RELATED TERMS
  1. American Insurance Association ...

    A property-casualty trade organization, representing primarily ...
  2. Associate In Information Technology ...

    A designation geared towards insurance professionals which educates ...
  3. Associate In Claims - AIC

    A professional designation designed to provide claims professionals ...
  4. Actuary

    A professional statistician working for an insurance company. ...
  5. Generally Accepted Accounting Principles ...

    The common set of accounting principles, standards and procedures ...
  6. General Ledger

    A company's main accounting records. A general ledger is a complete ...
Related Articles
  1. A Guide To Financial Designations
    Personal Finance

    A Guide To Financial Designations

  2. Fiduciary Designations For Financial ...
    Professionals

    Fiduciary Designations For Financial ...

  3. Designations No Retirement Planner Should ...
    Professionals

    Designations No Retirement Planner Should ...

  4. A Close Look At Certified Senior Designations
    Professionals

    A Close Look At Certified Senior Designations

comments powered by Disqus
Hot Definitions
  1. Harvest Strategy

    A strategy in which investment in a particular line of business is reduced or eliminated because the revenue brought in by ...
  2. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  3. Pareto Principle

    A principle, named after economist Vilfredo Pareto, that specifies an unequal relationship between inputs and outputs. The ...
  4. Pareto Principle

    A principle, named after economist Vilfredo Pareto, that specifies an unequal relationship between inputs and outputs. The ...
  5. Budget Deficit

    A status of financial health in which expenditures exceed revenue. The term "budget deficit" is most commonly used to refer ...
  6. Floating Exchange Rate

    A country's exchange rate regime where its currency is set by the foreign-exchange market through supply and demand for that ...
Trading Center