Accounting Standard 15


This query is : Resolved 

16 November 2008 Whether as per revised AS 15 it is mandatory to get certificate from actuary in respect of "Leave Entitlement"?
Case - Employees are allowed 25 PL in a year & they are allowed to accumulate upto 75 only otherwise it will lapse.
Since it is allowed for short term whether actuarial valuation is mandatory or mere provision in books will be comliance of AS 15.

07 October 2009 Hello, is this an old query still pending? You can send me a Pm if yes....I m trying to take all old pending queries in Accounting Forum......Thanx.

07 October 2009 Hello, is this an old query still pending? You can send me a Pm if yes....I m trying to take all old pending queries in Accounting Forum......Thanx.


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