generally accepted accounting principles (gaap)financial
A set of standardized rules and methods companies use to prepare and report financial statements, like a common recipe or rulebook for presenting money matters. It helps ensure numbers are prepared consistently so investors can compare results, spot trends, and judge a company’s health without being misled by different accounting tricks. Reliable, comparable reports make investment decisions and valuations more informed and less risky.
securities and exchange commission (sec)regulatory
A U.S. federal agency that oversees the stock and securities markets, requiring public companies and brokers to register and share accurate financial information so investors can see the facts. It enforces rules, investigates fraud and can pause or change market activity; think of it as a referee whose decisions and investigations affect investor confidence, legal risk and the value of traded securities.
certified public accountant (cpa)financial
A certified public accountant (CPA) is a licensed accounting professional who prepares, examines and certifies financial statements, handles taxes, and conducts independent audits to verify a company’s reported numbers. For investors, a CPA’s stamp of approval is like a mechanic’s inspection for a car: it increases confidence that the financial information is accurate, reduces the chance of hidden problems, and helps assess the true financial health and risks of an investment.
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CINCINNATI--(BUSINESS WIRE)--
American Financial Group, Inc. (NYSE: AFG) is pleased to announce the promotion of Andrea I. Raible to Assistant Vice President & Controller. Ms. Raible succeeds Robert (Bob) A. Dee, who will retire in June after 41 years of service to the company.
Andrea I. Raible, Assistant Vice President & Controller
Ms. Raible joined AFG in 2005 and has held positions of increasing responsibility within the company’s finance and accounting areas. In her new role, she will oversee accounting policies and procedures in accordance with Generally Accepted Accounting Principles (GAAP) and other applicable regulations, as well as financial reporting to the Securities and Exchange Commission (SEC).
Ms. Raible earned a bachelor’s degree in accounting from the University of Cincinnati and is a Certified Public Accountant (CPA) in the state of Kentucky.
American Financial Group is an insurance holding company, based in Cincinnati, Ohio. Through the operations of Great American Insurance Group, AFG is engaged primarily in property and casualty insurance, focusing on specialized commercial products for businesses. Great American Insurance Group’s roots go back to 1872 with the founding of its flagship company, Great American Insurance Company.