US GAAP

Whether needed to deal with local reporting, or for providing information to a US parent company, a surprisingly large number of financial organizations need to report on a US GAAP basis.

US Clients

Together with our partner Actuarial Resources Corporation, iWorks Prophet brings you a US library capable of modelling cash-flows for all common US products and statutory, tax and GAAP reserving. This can be used for wider risk management when incorporated with other Prophet libraries.

International Clients

A number of clients have purchased the iWorks Prophet US GAAP modules, which add long-term US GAAP reporting functionality into their existing libraries. These modules offer a breadth of features and reporting options covering the different FAS requirements.

Companies new to US GAAP reporting should seek specialist consulting advice before implementing these libraries.

Actuarial Resources Corporation
Telephone: +1 (913) 451 0044
Helpdesk email: prophet@arcval.com