Actuarial Valuation Services: A Complete Guide for Businesses
In today’s competitive and regulated business environment, understanding long-term employee benefit liabilities is critical. Actuarial valuation helps organizations accurately measure these obligations, stay compliant with accounting standards, and make informed financial decisions. Actuarial Valuation Services by Futurex Management Solutions are designed to support businesses of all sizes with accurate, audit-ready, and compliant valuation reports. What Is Actuarial Valuation? Actuarial valuation is a scientific method used to calculate the present value of future employee benefit obligations such as gratuity, pension, leave encashment, and other long-term benefits. These valuations are mandatory under accounting standards like AS-15, Ind AS-19, IAS-19, and US GAAP. The process uses financial and demographic assumptions including employee age, salary growth, attrition rate, and discount rates to estimate future liabilities accurately. Why Actuarial Valuation Is Impor...