ACTOMATE
EMPLOYEE BENEFITS PRACTICE
We provide employee benefits accounting under the International Financial Reporting Standards (IFRS).
We assist with actuarial valuations for accounting purposes of retirement and other long-term benefit plans including pension, gratuity (end of service benefits), annuity, long service benefits, post-retirement medical benefits and flexible benefits in Asia.
Our most notable clients are from Singapore, Malaysia and Cambodia, hence, we are familiar with local reporting regulations and requirements of respective countries. Valuation performed using the Projected Unit Credit (PUC) method as required by the IAS 19 Employee Benefits.
We are also familiar with the seniority payment calculation required by the Prakas 443 on Senior Indemnity in Cambodia.
BNM ITSR reporting support
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gratuity benefits
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end of service benefits
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pension benefits
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retirement benefits
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annuity
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long service benefits
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death & disability benefits
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withdrawal benefits
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ill-health early retirement benefits
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post retirement medical benefits
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flexible benefits
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salary planning
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scheme eligibility design
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sustainability analysis
Stronger Validation & Governance
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Applies standardised reporting logic and built-in validation checks
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Reduces submission errors, reconciliation issues, and manual rework
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Produces review-ready outputs, validation reports, and stronger audit trails
Faster Submission Preparation
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Streamlines data preparation, mapping, transformation, and file generation
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Reduces reliance on complex spreadsheets and VBA template maintenance
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Enables finance, actuarial, and reporting teams to complete submission cycles more efficiently
How Actomate’s ITSR Solution Supports Reporting Teams
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gratuity benefits
-
end of service benefits
-
pension benefits
-
retirement benefits
-
annuity
-
long service benefits
-
death & disability benefits
-
withdrawal benefits
-
ill-health early retirement benefits
-
post retirement medical benefits
-
flexible benefits
-
salary planning
-
scheme eligibility design
-
sustainability analysis
