Knowledge Centre
Discount Rate for Actuarial Valuations of Employee Benefits (March 2015)
The discount rate used in actuarial valuations of employee benefit plans such as gratuity, pension, earned leave etc...
When do you need a leave valuation?
Sometimes we come across clients who ask us if they really need to carry out the valuation of leave liability...
Optimising leave liability
In many organisations, employees resign and leave the organisation without serving the complete notice period...
Why you should ask for employee-wise liability?
Actuarial valuation of employee benefits involves determining the liability for each and every employee of the organisation...
Indian Accounting Standards (Ind AS) Notified
Moving closer to the implementation of new accounting norms, the government has notified the rules for Indian Accounting Standards (Ind AS)
Salary growth rate varying by year of projection
The salary growth rate is arguably the most crucial actuarial assumption to be made in connection with a salary-based employee benefit actuarial valuations (e.g. gratuity valuation,
What are Actuarial Gains or Losses?
Actuarial valuations of employee benefits usually end up with a common set of queries: What are actuarial gain / loss? What factors influence this item? These are a couple of questions which concern both management and the auditors
4 things you must ensure in Actuarial Valuations
Actuarial valuations of employee benefits may not always be straight forward, in particular when the employee base is large or when the assumptions are changing.