Coach Larry also recommends tying your study process to tangible rewards. “What will you do with that bonus or raise?” asks Larry. “Think of a concrete incentive or reward that motivates you.” That can turn an abstract goal (“become an actuary”) into something more immediate. “The ...
Actuarial science uses mathematics and statistics to evaluate risk and predict probable outcomes. The most common application of this is in insurance and pensions. In both of these fields, there is uncertainty (how much needs to be paid) that is estimated by the actuary. The actuary uses what ...
In an ICO (also called a ‘token sale’), instead of receiving shares, participants (also known as supporters) receive ‘tokens’ and, instead of paying cash, participants often pay in cryptocurrency. They are similar in many ways to crowdfu...
AI can also be used for identifying unusual transactions that may help accountants to become better at detecting fraud. As fraudsters are continually developing new methods to practice their trade, machine learning provides an opportunity for accountants to keep up with ...