What are the Common Actuarial Valuation Errors Triggering Audit Qualifications

Actuarial valuation errors can create serious issues while measuring long-term employee benefit obligations such as gratuity, leave encashment, pensions, and other post-employment benefits. These valuations play a vital role in financial statements and are closely analyzed during statutory and internal audits. When actuarial valuations are inaccurate, incorrect, inconsistent, or non-compliant with accounting standards, auditors may […]

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Actuarial Valuation Services For Employee Benefit & Pension

Employee benefits and pensions represent some of the largest long-term commitments an organization will make to its employees. While these commitments support attracting and retaining employees, they also establish long-term obligations extending decades into the future. Realistically, managing these obligations is where actuarial valuation services come in. If you are ever curious about the term […]

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