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- Title
ACTUARIAL TECHNIQUES TO ASSESS THE FINANCIAL PERFORMANCE. INSURANCE APPLICATIONS.
- Authors
BOTEA, MIHAELA; NEDELUŢ, MARINEL; IOANĂŞ, CORINA; GRUIESCU, MIHAELA
- Abstract
The XXI century was marked by the convergence and harmonization, this century is distinguished in that it lays the foundation of accounting actuarial, which is characterized by up to date values and actuarial calculations . Actuarial accounting is reflected best in insurance system. In the market economy, insurance system is on one hand a means of protecting the business and property of citizens, on the other hand a business that generates profits. From this context, we can say that the subject of actuarial accounting is the measurement and recognition of assets and result of the change in time value of money. Time is an important variable considered in any economic decision investing and financing.
- Subjects
FINANCIAL performance; INSURANCE applications; ECONOMIC convergence; NUMERICAL calculations; CAPITALISM; ECONOMIC decision making
- Publication
Annals of the University of Petrosani Economics, 2012, Vol 12, Issue 2, p71
- ISSN
1582-5949
- Publication type
Article