Report under the International Accounting Standard 19 (IAS 19)
Mercer is a leading global provider of actuarial and pension consulting services, and we have an established presence in the GCC to help you comply with all required financial information under International Accounting Standard 19 (IAS 19). Our team of actuarial analysts has Arabic-speaking capability and is supported by our Centres of Excellence.
We have worked with organisations in the region across the private and public sector, including the “Big Four” audit firms locally and globally, who are familiar with our robust methodologies. The confidentiality of our clients’ data is our top priority, and we adhere to strict quality-assurance and data protection processes.
Mercer provides clients with the best-in-class process for quantifying their employee benefits (end of service or termination indemnity) obligations and accruals. Our actuarial consultants have developed sophisticated tools and methodologies to transition away from local practice of valuing these liabilities, streamlining the entire process to ensure it’s done quickly, efficiently and most importantly correctly.
Mercer can help such companies satisfy financial reporting requirements under IFRS (annually and quarterly, if need be) by performing a periodic actuarial valuation of their employee benefits, including: