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Web of Scholar ISSN 2518-167X THE MAIN ASPECTS OF ACCOUNTING IN INSURANCE COMPANIES Dali Sologashvili Professor Georgia, Akaki Tserteteli 31 Dec 2017 - The subject of insurance companies is to provide insurance protection based on nancial placement controlled by law mak property to the date of final accounts 16 Apr 2019 - 24 Jan 2018 - 03. ANNUAL ACCOUNTS 2017. MIC - Millennium Insurance Company Limited. Financial Statements 2017. 13. Technical and non-technical accounts. tEchNical the accounting for insurance contracts issued by a company. It replaces IFRS 4—an interim Standard. IFRS 4 does not prescribe the measurement of insurance1 Jul 2008 - The balance sheet shows a company's value (equity = assets minus For a general insurance company, many accounting systems split income into three The following accounts were used to be prepared in the case of General Insurance Companies:- ( (b) Profit and Loss Account: General incomes and expenses not belonging to a particular business are recorded in it and balance of profit or loss is transferred to Profit and Loss Appropriation Account.