Knowledge Centre
Liabilities may rise as bond yields fall
The yields on the government bonds have witnessed a declining trend since the beginning of FY 2014-15. Government bond yields, which were close to 9% p.a. as at 31 March 2014 have fallen to close to 8% p.a. by 24 December 2014.
Discount rate for Quarterly Valuations (30 Sep 2014)
The rate used to discount post-employment benefit obligations (both funded and unfunded) should be determined by reference to market yields at the balance sheet date on government bonds.
Discount rate for Quarterly Valuations (30 June 2014)
The rate used to discount post-employment benefit obligations (both funded and unfunded) should be determined by reference to market yields at the balance sheet date on government bonds.
Audit Check List for valuations as per AS15 Employee Benefits
Actuaries rely on the information (data and assumptions) provided by the management. It is therefore advisable that management and the auditor get their comfort on the data and assumptions provided for valuation. In this audit check list, we list down the crucial items that you may check.
Discount Rate for Year End Valuations (31 March 2014)
The rate used to discount post-employment benefit obligations (both funded and unfunded) should be determined by reference to market yields at the balance sheet date on government bonds.