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
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:
3 mins read Actuarial valuation of benefit liability – Defined Benefit Plan Let us assume Emily is an employee of LifeCorp Inc. which