IAS 19 DEFINED BENEFIT PLAN-ACTUARIAL RISK

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February 7, 2019 at 1:00 pm #504416
achilleasp
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Hello,

Why does the actuarial risk falls on the entity when it comes on the consideration of financial and demographic assumptions? if the entity has the risk that the estimates are wrong why hire an actuarial and not do it by itself?

regards
February 10, 2019 at 10:26 pm #504679
P2-D2
Keymaster
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Hi,

An actuary is a highly specialised role and we cannot do it ourselves as we do not have the expertise to do so.

Thanks
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