Development of a liabilities valuation methodology and model and a cash flow accounting policy

Engagement for a Russian Top10 NPF

The KPMG team developed a methodology and a model for valuation of liabilities and cash flow accounting policy.

Description of the work

  • Development of a cash flow accounting policy based on non-state pension provision and mandatory pension insurance patterns
  • Preparing of a document providing formulas and an approach to selecting of actuarial assumptions used to valuate liabilities of the company
  • Preparing of a model for automatic estimation of the company’s liabilities
  • Development of data collection table templates to valuate liabilities of the fund
  • Preparing of the first IFRS interim management reporting of the fund
  • Providing assistance to the fund in preparing its first independent annual IFRS financial statements