Naslov
Management accounting model for the boat liability insurance

Autori
Peruško, Ticijan ; Galant, Adriana ; Topani, Renata

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Internationalization and cooperation, Proceedings of the 34th International conference on organizational science development / Daucek, Petr ; Novak, Aleš ; Paape, Björn - Kranj : Moderna organizacija, 2015, 853-865

ISBN
978-961-232-280-9

Skup
Internationalization and cooperation

Mjesto i datum
Portorož, Slovenija, 25.03.2015. - 27.03.2015

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
insurance premium revenues ; accounting data ; boat liability insurance ; insurance companies ; insurance policies

Sažetak
The first step in achieving planned financial results in insurance business, as well as in every other business sector, is to carefully plan annual revenues from its core business activity. For the case of insurance company, these are revenues generated from insurance premiums. Financial plans preparation base and business analysis base is accounting information on actual values. To achieve target values it is crucial to prepare realistic plans that could be realized. In accordance with the current law, boats owners/users have to arrange boat liability insurance with the insurance company. This insurance policy represents the revenue for insurance companies. To increase revenues from boat liability insurance, insurance companies should re-establish current boat liability insurance policies, but also find new clients. New models for business forecasting are needed for managing the insurance companies. Combining accounting data and mathematical-statistical methods through scientific research and study, a new, accounting based, forecasting model is developed. It is a scientific model, but it is also applicable for insurance companies that are involved in boat liability insurance. Using accounting based forecasting model for managing financial performance in boat liability insurance, information about possible market opportunities, as well as information about financial values of insurance companies, can be obtained.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA