i need a clarification on gratuity.
Is actuarial valuation mandatory in case of gratuity. If so when? Are there any conditions to be fulfilled
Gratuity
yogashri varadarajan (1 Points)
17 March 2019
Lisha Bansal
(CA Finalist)
(2590 Points)
Replied 18 March 2019
Actuarial valuation is mandatory in case of interim and final financial reporting in case Ind AS 19 is applicable for the company.
It is also mandatory for final financial reporting in case of applicability of AS 15 to the company.
More or less, it applies to every registered company.