EMPLOYEE BENEFITS PRACTICE

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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.

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We are also familiar with the seniority payment calculation required by the Prakas 443 on Senior Indemnity in Cambodia.