SOFE SOFA-CFE Certified Financial Examiner Exam Practice Test

What is defined as the difference between the tax basis of an asset or liability and its reported amount in the financial statements that will result in taxable or deductible amounts in future years?

Furniture, fixtures and equipment, leasehold improvements, non-admitted assets, prepaid expenses are all adjustments required for:

Who are principally responsible for communicating to the Audit Committee the scope of their annual audit of the financial statements, the extent of their involvement with interim reports?

Reports of the audit committees in their proxy statements; in the report, the audit committee must state whether the audit committee has:

What of a particular period is principally determined based on benefits earned by participants during the period (service costs) less earnings on plan assets in excess of interest accretion of the projected benefit obligation.

The purpose of the examination system for Insurance companies is:

What measure the amounts at risk in a book of business?