Accounting Disclosure Advice and Computation
FRS17 / IAS19 disclosures are now highly visible in company accounts and therefore have a significant impact on the financial position of the organisation.
In addition they are frequently used for purposes other than pure accounting disclosure and as such the assumptions used have become more important to companies over recent years.
Directors have responsibility for and therefore control over the assumptions used and they should be ensuring that the basis adopted reflects the specific position of their company. Despite this all too often the figures used are provided by the scheme trustees advisers based on generic rather than company specific assumptions.
Increasingly companies are demanding more focussed corporate advice in this area and we have built up the skills and experience to help.