Insurance Industry Questionnaires

1. For Statement of Financial Position (SFP), Statement of Profit or Loss and Other
Comprehensive Income (SPLOCI) , Statement of Changes in Equity (SCE), and
Statements of Cash Flows (SCF):
a. Identify at least three (3) accounts which are not located in typical financial
statements.
b. After identifying the three accounts, kindly explain which transactions could be
included in the specific accounts identified and provide brief description of the
identified accounts.
2. Perform the following to at least three (3) accounts on any Financial Statements (FSs)
and provide at least three (3) sentences for the narrative on each account.
a. Horizontal Analysis
b. Vertical Analysis
c. Financial Ratios
3. Define the different kinds of life insurance contracts being offered by the company.