ILA 201-I: Valuation, economic value and capital have different objectives
For an international life case, identify the reporting framework and entity before selecting assumptions or interpreting a result. A single projection model can support several purposes with different bases.
Original practice scenario
Use an original cash-flow projection to show where discounting, margins and capital inputs enter. Explain which output addresses reported liability and which addresses an internal decision. Keep any framework-specific treatment linked to the applicable course readings.
Study check
Write the assumptions, the decision being supported and one limitation. Use the current course syllabus for the required terminology and scope; this introductory guide is not a complete course summary.
Reading sources
ActNet editorial guide · October 1, 2026 · Original illustrative examples.