Actuarial Valuation

This query is : Resolved 

26 November 2008 Ours is a new Pvt. Ltd. company with a capital of 40Lac. Is it mandatory for us to have actuarial valuation? What all kind of actuarial valudation is needed for us apart from Leave Encashment , Gratuity etc.?

26 November 2008 Probably you need to do the actuarial valuation for Gratuity and leave encashment only (if you are carrying forward leave balance, if you are paying off leaves then its not required).

Nazir

26 November 2008 Before that,applicability of accounting standard-15 to the said entity is to be checked into.


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