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___ Supporting Statement Restructuring of the Stationary Source Audit Program EPA ICR # 2355.01 PART A 1. Identification of the Information Collection (a) Title of the Information Collection Restructuring
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The SSAP ICR supporting statement is a report that provides supporting documentation for the Insurance Company Regulatory requirements regarding the interpretation and implementation of the Statement of Statutory Accounting Principles (SSAP) related to Internal Control Reporting (ICR).
Insurance companies that are subject to statutory accounting principles and have specified internal control requirements are required to file the SSAP ICR supporting statement.
To fill out the SSAP ICR supporting statement, companies need to gather relevant financial and operational data, complete the required forms accurately, ensuring compliance with statutory accounting principles, and provide all necessary attachments to support the information submitted.
The purpose of the SSAP ICR supporting statement is to ensure that insurance companies adhere to regulatory requirements regarding internal controls, thereby promoting transparency, accountability, and accurate financial reporting.
The SSAP ICR supporting statement must report information about the company's internal control systems, assessment processes, risk management, and any findings or mitigations taken regarding compliance with SSAP.
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