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Health Care Providers Spotlight: Questions About Presentation of Insurance Claims and Related Recoveries Under ASU 2010-24

Volume 2, February 2012


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This Health Care Providers Spotlight discusses questions constituents have raised about the scope of FASB Accounting Standards Update No. 2010-24, Presentation of Insurance Claims and Related Insurance Recoveries, its effect on the financial reporting of accruals of legal costs associated with contingencies, and its effect on retrospectively rated insurance policies.

Read more in the file attached below or visit the Industry Spotlight Archive for additional issues.

The Industry Spotlight series and other information on accounting and financial disclosure also can be found in the Technical Library: The Deloitte Accounting Research Tool. Technical Library, a subscription-based research tool, includes material from the Financial Accounting Standards Board (FASB), Emerging Issues Task Force (EITF), American Institute of Certified Public Accountants (AICPA), Securities and Exchange Commission (SEC) and International Accounting Standards Board (IASB), in addition to our own accounting manual and interpretive accounting guidance. Updated every business day, the Technical Library has an intuitive design and navigation system. Powerful search features enable users to locate information quickly, at any time and from any computer.

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