“We quickly built up a good working relationship with the team at Quantum. They are always available and give you the impression that nothing is too much trouble.”
Mike Davis | Welsh Water
Pension accounting, actuarial calculations and advice
It's a numbers game
Under current accounting standards, pension scheme performance has a direct effect on company profitability, as any surplus or deficit has to appear on a company’s balance sheet.
Our specialists are highly skilled at providing pension accounting calculations and advice for UK company accounts (FRS17), EU (IAS19), US (FAS87) and Canadian (CICA) parent companies. This includes the determination of the liabilities and assets, the annual cost of providing pensions and the production of draft pension disclosure notes as required.
We are able to provide bespoke advice on the calculation results and the possible options available based on changes in the key actuarial assumptions used.