Accurate, Simple & Detailed valuations
Employees End of Service Benefits Actuarial Valuation.
Features
Fast results, prepared by experienced actuarial professionals.
Compliance
Our reports are complied with IAS 19 or Sections 28 of the IFRS for SMEs.
Credibility
Highly experienced, we have delivered actuarial valuation reports to many prominent companies in KSA.
Results
we set out the figures you should use in the year-end financials, in an easy-to-understand format, directly transferable to your financial statements.
Time Perseverance
Committed to exceeding deadline expectations.
Security
We follow a strict security measures protecting your employees data storage and processing.
Multi-Lingual
Reports are avaliable in Arabic, English or both.
EMPLOYEE BENEFITS VALUATION
Our results are presented in an extensive Actuarial Report and are prepared to meet international accounting and actuarial standards for employee benefits. They are also presented in the same format as Financial Statements, making it easy for accountants and auditors to review and adopt.
Data
Summary employee statistics, which gives an indication of scheme maturity, and how future costs might develop.
Assumptions
We set out the impact and materiality or significance of each of our assumptions (demographic and financial).
How Does Actuari Process Work?
Collation, reconciliation and validation
of employee payroll data
Engage with the Finance/Management team
to set the valuation basis
Calculation of the actuarial cost of liabilities
expected costs for the following year and sensitivity analysis
Conclusions and recommendations
according to the client’s particular circumstances and requirements
Present an extensive actuarial report
within 2 working days
Ready to get started?
We enjoy a close working relationship with our clients based on trust, integrity and professionalism, as we strive to provide the highest levels of service. We believe that a personal and on-the-ground understanding of clients needs and concerns is important in establishing and sustaining long-term partnerships and developing appropriate solutions to address the challenges our clients face.
