IAS 19 video – Israel

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IAS 19 Actuarial Valuations in Israel

Video Transcript

If your Israeli company is required to implement IAS 19 in its financial reports, you need to engage with Israeli IAS 19 actuaries, to conduct actuarial valuations of your company’s employee benefits.

For Israeli subsidiaries of multinational corporations, this process is more complicated.

Corporate headquarters will appoint a consolidating actuary based abroad, to manage, control and monitor its global IAS 19 valuations process.

What does it mean for you?

Your actuaries will be required to strictly comply with dictated professional guidelines and reporting standards, provide complex reports and analysis in English and meet non-negotiable deadlines.

All this, on top of their local reporting obligations in Hebrew.

How KrollConsultants Can Help?

We have the required experience:

Over the past 10 years, our actuaries have delivered IAS 19 actuarial services to more than 300 clients of all sizes and types:

• Private companies
• Public companies
• Israeli Subsidiaries of multinational corporations
• Government companies, organizations and agencies

We possess the required skills:

Our Israeli IAS 19 team, uniquely combines actuaries and certified public accountants, with big-4 experience. This hybrid team develops innovative tools, employed in our IAS 19 projects.

We provide the best client experience:

We are friendly, responsive and multilingual, and ideally structured to provide our services, when and where you need them.

We work with multinational corporations in Israel:

As many of our IAS 19 clients are Israeli subsidiaries of multinational corporations, we have been working extensively with consolidating actuaries.

We work closely with the big-4 accounting firms and other international accounting alliances firms:

The majority of our IAS 19 clients are audited by the big-4 accounting firms, with whom we closely cooperate:

• PWC
• EY
• KPMG
• Deloitte
• BDO
• Geneva Group International (GGI)

We keep our IAS 19 clients’ teams up-to-date:

We constantly train and mentor our clients’ IAS 19 teams, helping them accomplish their IAS 19 goals.

We help global consulting firms with IAS 19 projects in other countries:

As a global consulting firm, we have provided IAS 19 actuarial services in other countries, such as Greece and Turkey.

Need Our Help? Please Get In Touch. We look forward to speaking with you.

Visit us at www.krollconsultants.com