Blogs

End of Service Benefits
27
Jul
2024

Importance of End of Service Benefits Valuation in KSA and UAE

In the Kingdom of Saudi Arabia (KSA) and the United Arab Emirates (UAE), end of service benefits (ESB) play a crucial role in the employment…

IND AS 19
27
Jul
2024

Adaptability of IND AS 19

The International Financial Reporting Standards is a prevalent global framework that has changed the landscape of finances worldwide…

Analysis in Actuarial valuation
27
Jul
2024

Sensitivity Analysis in Actuarial valuation

The concept of actuarial valuation is indeed quite popular when it comes to the insurance and pension industry. But did you know that even…

Gratuity Valuation
17
Jun
2024

Important Factors To Consider For Gratuity Valuation

Employee gratuity – a lump sum payment, a token of appreciation for years of service. But before budgeting for individual payouts, businesses…

Leave encashment
17
Jun
2024

Why Should Businesses Consider Leave Encashment Policies?

Leave encashment policies are a critical component of employee benefits. They allow employees to convert their unused leave…

AS 15 R versus IND AS 19
17
Jun
2024

Component of Expense recognised in Profit and loss account – AS 15 R versus IND AS 19

For businesses in India, accounting for employee benefits is a crucial aspect. These benefits, such as gratuity…

Gratuity Liabilities Increase
17
Jun
2024

Why Gratuity Liabilities Increase with Each Year

Gratuity is a significant part of employee benefits. It reflects an employer’s appreciation for their employees’ service…

Understanding Gratuity Valuation
17
Jun
2024

Understanding Gratuity Valuation: Key Considerations for Employers

Gratuity is a significant part of employee benefits. It shows an employer’s commitment to their employees…

Actuarial Valuation Supports Financial Stability in Enterprises
07
Jun
2024

How Actuarial Valuation Supports Financial Stability in Enterprises

Financial stability is crucial for businesses. One way to achieve this is through actuarial valuation. This process helps assess risks…

End of Service Benefit
07
Jun
2024

End of Service Benefit Strategies for Maximizing Employee Retention

Employee retention is crucial for business success. High turnover rates are costly and disruptive. Implementing effective…