Maintaining the goals of greater Divisional ownership/accountability of outcomes and better commentary on all aspects (Slichter, 2015), the embedded value team took the lead to create divisions, business units and total company memo builders and templates. This will not only provide feedback at all levels to help get a complete picture of embedded value, but will also speed up the process for the embedded value team when reporting annually (Slichter, 2015).2.3.4 Updated guidance proceduresManulife has and will continue to reference updated guiding principles in each region to ensure the company accurately reflects the value embedded in its financial reports. The updated versions of “Interim Draft Paper on the Considerations in the Determination of Embedded Value for Public Disclosure in Canada” (Canada) and “ASOP 19, Appraisals of Casualty, Health, and Life Insurance” (United States), and the mix of Approaches in Asia, including Traditional EV and European EV, are documents that are continually referenced, including using the European CFO Forum for further guidance (Beharry, 2014). 3.0 ConclusionsAs strengthened by the analysis, embedded value has vital importance in evaluating the