Actuarial accounting and its role in maximizing the value of the Economic Unit

	Actuarial accounting and its role in maximizing the value of the Economic Unit
Tikrit Journal For Administration & Economics Sciences
Article 1, Volume 12, Issue 35, 2016, Pages 148-165
Abstract
In this research we are not talking about for all kinds of companies, but we focus in particular on the insurance companies and the activities carried out by, and research forces to highlight the role of actuarial accounting in the insurance sector and how they contribute to created maximize value through services provided by using accounting expertise, audit and knowledge in the field of science Statistics and Mathematics and employment in finance and financial risk assessment of current or expected to be insurance rates commensurate with the risks covered by the documents so that the results from the movement of sale documents a reasonable profit margin considering that insurance companies are funds companies must profits to be distributed to shareholders ,and board members, and employees. and be reserves (reserve computational - Backup compensation under the settlement payment and under - Backup operations by re-insurance) is sufficient and appropriate and reflect a real expression of the size of the portfolio in terms of the number of documents and amounts of expected insurance repaid in due dates. As in the stock market and capital market, actuarial accountant analysis of budgets, and predicted the stocks value and bonds for companies that deal in their portfolios. Began insurance funds private to be assisted by Actuaries accountants to assess the financial position of the Fund, and evaluation of reserves held, and evaluation of actuarial surplus or deficit of the Fund, and re-evaluate the actual benefits granted in exchange for contributions. Moreover, the accountant actuarial organizing and operating, financing and investing cash flows of the insurance companies by using knowledge of accounting, auditing, financial analysis and statistics .for this reason that the most of the international companies at the present time use actuaries Accountants to help them reach an accurate estimate of what is likely to be the annual financial obligations using the same data that is collected in determining the level of risk for holders of individual insurance documents.

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