IF U ARE ASKED TO WRITE A REPORT IN FORM OF AN ADVISE AND IT INVOLVES ALSO DOING SOME CALCULATION(APPENDIX),AT P LEVEL IS IT ALLOWED TO ABBREVIATE.
E.G P.V OF PLAN ASSET RATHER THAN PRESENT VALUE OF PLAN ASSET.
UNRECOG L/G TO UNRECOGNISED GAINS AND LOSS,
COS OF TIME AND THE REQUIREMENT TO PUT U R SELF IN A PROFESSIONAL POSITION(WHICH MEANS U HAVE TO BE DIRECT AND CLEAR WHEN ADVISING A CLIENT)
THANKS.
E.G P.V OF PLAN ASSET RATHER THAN PRESENT VALUE OF PLAN ASSET.
UNRECOG L/G TO UNRECOGNISED GAINS AND LOSS,
COS OF TIME AND THE REQUIREMENT TO PUT U R SELF IN A PROFESSIONAL POSITION(WHICH MEANS U HAVE TO BE DIRECT AND CLEAR WHEN ADVISING A CLIENT)
THANKS.
