Knowledge Centre
Discount Rate for Actuarial Valuations (June 2016 )
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. Para 78 of AS15 reads as under:
Understanding Actuarial Valuation of Accumulating Sick Leave
We often come across clients who are not sure if they need to recognise liability in respect of sick leaves. And in case of companies who do recognise a liability in respect of sick leaves, we often find the management not being aware of the calculation process of the liability.
Discount Rate for Actuarial Valuations (March 2016)
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...
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 ..