Insurance
Insurance regulations and requirements, particularly in healthcare, are constantly changing. Clients count on PYA to understand and interpret these complexities. Members of our staff have worked for insurance carriers, and they understand their need for data that provides financial, statistical and operational information to regulators, shareholders, lenders and customers in this ever-changing environment.
We are experienced in generally accepted accounting principles (GAAP) that are unique to the insurance industry. PYA professionals are up-to-date on the statutory accounting principles prescribed by the National Association of Insurance Commissioners’ Accounting Practices and Procedures Manual and prescribed or permitted practices of state agencies. We have working relationships with several actuarial firms, and we bring these relationships to audits, accounting, financial and operational engagements of an insurance entity. PYA provides these services:
- Audit and Accounting
- Tax Services
- Financial Statement Audits - GAAP
- Financial Consulting
- Financial Statement Audits - Statutory
- Contract Management & Recovery
- Agreed-Upon Procedures Engagements
- Facility Planning
- Reviews and Compilations
- Litigation Support
- Tax Compliance
- Employee Benefits
- Managed Care Strategic and Operational Consulting