Haven’t found your calling yet? Are you still confused about what your career should be? Be it Under-Graduates, Graduates and sometimes even Post-Graduates, everybody faces such struggles
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Haven’t found your calling yet? Are you still confused about what your career should be? Be it Under-Graduates, Graduates and sometimes even Post-Graduates, everybody faces such struggles
An organization needs to strike a balance when it comes to managing the accumulating capital and using the revenue for employee benefits. What helps you get this edge is actuarial valuation; letting you predict the future market scenario and accordingly formulate strategies that safeguard your organization from any market losses.KPAC is the leading practicing actuary in India, specializing in consulting services for gratuity and actuarial valuation. KPAC works with the sole objective of managing...
An organization needs to strike a balance when it comes to managing the accumulating capital and using the revenue for employee benefits. KPAC is the leading practicing actuary in India, specializing in consulting services for gratuity and actuarial valuation.
Why do you need to consult an actuary
Markets are dynamic and suffer gains and losses continuously. In the competitive market, an organization has to be careful with what steps it takes so that they changes in the market result in minimized loss and maximized profit.
An end-of-contract gratuity is a certain sum of money put aside by the employer to be paid at the end of employment period. A Gratuity is a lump sum payment that is essentially payable by the employer and acts as a financial security and buffer at the time of employee’s retirement.
Actuarial Valuation of gratuity and actuarial valuation of leave encasement under AS15, IAS19 and other international accounting standards