Actuarial Valuation
This query is : Resolved
KAMAL SETHI
(Querist)
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
Nazir
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26 November 2008
Before that,applicability of accounting standard-15 to the said entity is to be checked into.
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