Current Issues in Pensions Financial Reporting 31 March 2012

Published by Nick Griggs on

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  • Nick Griggs

    Nick Griggs

    Partner and Head of Employer Consulting

  • This note covers the selection of the key financial assumptions required for determining pension liabilities under UK and international accounting standards as at 31 March 2012.

    There are a number of considerations for company directors to take into account when setting these assumptions and for auditors in determining whether the assumptions are appropriate. This note sets out some of the technical issues relevant to those involved in the preparation and the audit of pension disclosures.