Actuarial Services in Saudi Arabia

Valuation of End of Service Benefits under IAS 19

End of service benefits Saudi Arabia:

  • We have a strong background in valuation of End of Service benefit schemes with more than 200 clients in the KSA.

  • Our team of multiple qualified actuaries understand the client's requirements and has a strong grip of local and accounting regulations pertaining to the employee benefits.

  • Actuarial valuation of EOSB has now become mandatory for all the companies in Saudi Arabia after IFRS is implemented in the country.

  • End of Service Benefits, Compensated Absences Plan (Leave).

  • We provide Individual results, Gain / Loss analysis and complete support during audit with no additional charges.

End of service benefits UAE:

  • New legislation, which was introduced on 1 July 2016, states that companies operating within the UAE are required to prepare their financial statements in compliance with IAS-19, including the Actuarial valuation of EOSB.

Other Actuarial services

  • Expected Credit Loss Valuation under IFRS 9

  • Employee Stock Options Valuation under IFRS 2

  • Warranty and Loyalty Point Valuation under IAS37

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