Gratuity Valuation: IAS 19 Disclosures: Simple Example Continued
2 mins read Pre-requisite to this post: Review of International Accounting Standard (IAS) 19- Employee Benefits [1] In order to illustrate the IAS
2 mins read Pre-requisite to this post: Review of International Accounting Standard (IAS) 19- Employee Benefits [1] In order to illustrate the IAS
2 mins read In the previous post we looked at the IAS 19 Disclosure relating to the reconciliation of present value of defined
2 mins read A look at the disclosure showing the reconciliation of the actuarial liability and fair value of assets to the assets and liabilities that are recognized in the balance sheet.
3 mins read A look at some of the disclosures made under the IAS 19 requirement.
3 mins read The results of the gratuity valuation need to be tested for their sensitivity to key actuarial assumptions. Continuing with our simple example, we have carried out a sensitivity analysis on the Discount Rate and Salary Increase assumptions.
2 mins read The flowchart below gives a pictorial view of the employee defined benefits (e.g. gratuity, pension) actuarial valuation process: Step 1: