Instrumenty systemu rachunkowości a kontrola bezpieczeństwa finansowego ubezpieczyciela
Instruments of accounting system vs. control of financial security of an insurer

Summary/Abstract: Accounting is considered an information management system equipped to control financial security of insurance companies. Insurance business makes insurers face higher risk of insolvency and their operations and financial condition is strictly observed and controlled by various government authorities. The main sources utilized for the assessment of insurer’s financial security are financial statements being the end product of accounting activities. In this article, vital features of financial statements are indicated to ensure effective support of evaluation and control of insurer’s solvency. In addition, new accounting requirements for the new Solvency II system are analyzed, particularly in the context of reporting needs for supervisory bodies.

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