18
Nov
2024
Comparison of National Pension Scheme (NPS) and Old Pension Scheme (OPS)
Pension schemes play a vital role in securing financial stability after retirement. Both the National Pension…
27
Jul
2023
How to Master Employee Benefits for Maximizing Retirement Benefits
Gratuity is an important employee benefit that provides financial security during retirement or upon leaving a job after completing a certain period…
07
Feb
2023
Leave Encashment Valuation
Leave Encashment Valuation Every salaried person, as per labor law, is entitled to a minimum number of paid leave every year, however…
02
Feb
2023
Best Actuarial Valuation Consultants
The Actuarial Valuation of Gratuity is a method of valuing the value of an employee’s pension liability. It is used to determine how much money…
02
Feb
2023
IND AS 19 | Employee Benefits
What is IND AS 19? The Goal of the Indian Accounting Standard Ind AS 19 is to establish accounting and disclosure requirements for employee Benefits. Accounting according to Ind AS 19 criteria comprises both recognition and measurement. Furthermore, the accounting …
06
Jul
2022
Warranty Valuation and How it Works?
What is a Warranty? A Warranty is a form of guarantee given by a manufacturer or other similar entity on the condition of their product…
23
Jun
2022
5 Issues to Consider for Funding a Gratuity Scheme
Funding a Gratuity Scheme Gratuity is a portion of such a worker’s remuneration that is paid by his or her company in exchange for such tasks…
21
Jun
2022
ESOP Valuation
ESOP Valuation – It’s a short position, which ensures that companies in an employee share scheme (ESOP) have no obligations as well as the ability…
21
Jun
2022
Fair Market Value (FMV)
Fair market value is the estimate where a resource may sell on the market (FMV). Fair market value has come to signify the cost of assets under…
21
Jun
2022
Accrued Expense Journal Entry
Accrued Expense Journal Entry – An accrued expense journal entry is formed by tracking expenditures incurred by a firm but not…
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