Knowledge Centre
Salary Growth Rate: What are NSE 50 companies assuming
Salary growth rate and discount rate are the two most important assumptions made while performing actuarial valuation of salary based employee benefit schemes such as gratuity, earned leaves, pensions, etc.
Implementation of Ind AS 19 – Answers to 5 key questions at a glance!
Financial reporting in India is undergoing a momentous transformation owing to the adoption of Indian Accounting Standards (Ind AS) that are converged with IFRSs.
Discount Rate for Actuarial Valuations of Employee Benefits (December2015)
The discount rate used in actuarial valuations of employee benefit plans such as gratuity, pension, earned leave etc. is determined by reference to market yields at the balance sheet date on government bonds (refer Para 78 of AS15).
Implication of retrospective implementation of Ind AS on Actuarial Valuations
Ind AS 19 doesn’t allow actuarial gains / losses to be recognized in the statement of profit or loss but requires the same to be taken to Other Comprehensive Income (OCI), unlike the current standard (AS15).
Actuarial Gains Or Losses – US GAAP (ASC 715) vs IFRS (IAS 19) vs AS 15
When performing actuarial valuation of employee benefit scheme (such as gratuity valuation), we perform movement analysis of the liability i.e. reconcile ..
Discount Rate for Actuarial Valuations of Employee Benefits (September 2015)
The discount rate used in actuarial valuations of employee benefit plans such as gratuity, pension, earned leave etc.
Understanding Leave Valuations
Actuarial valuations of accumulating leave benefits (whether earned leave, casual leave or sick leave valuation) can be difficult to understand.
Gratuity Valuation: Impact of limit of Rs. 10 lacs
Any actuarial valuation requires three kinds of inputs - the data, assumptions and the benefit structure.