• We are pleased to announce that the winner of our Feedback Prize Draw for the Winter 2024-25 session and winning £150 of gift vouchers is Zhao Liang Tay. Congratulations to Zhao Liang. If you fancy winning £150 worth of gift vouchers (from a major UK store) for the Summer 2025 exam sitting for just a few minutes of your time throughout the session, please see our website at https://www.acted.co.uk/further-info.html?pat=feedback#feedback-prize for more information on how you can make sure your name is included in the draw at the end of the session.
  • Please be advised that the SP1, SP5 and SP7 X1 deadline is the 14th July and not the 17th June as first stated. Please accept out apologies for any confusion caused.

Examples in Audit Trail and Summary

L

Lenny__

Member
Hi

I have been putting examples of the calculations being performed within the spreadsheet in both the audit trail and summary to help with explaining the calculations within each sheet (audit trail) and the approach taken (summary).

Is this okay or would it be recommended not to include examples?

Thank you

Lenny__
 
Audit trail is ok (to the extent that it helps make clear your description of the methodology), but not necessarily required. For the summary, it shouldn't be there. Remember your audience - you're aiming this at a senior actuary. Unless there's something really complicated going on which you think is outside what a senior actuary would normally be exposed to (which is unlikely in CA2), he should be able to pick up & understand what you're saying without resorting to an example.
 
You must log in or register to reply here.
Back
Top