Actuarial Gains

Actuarial Gains and Losses
Actuarial gains and losses occur due to discrepancies between previous actuarial assumptions and actual experiences, or adjustments in those assumptions. These variances impact the present value of defined benefit pension schemes and are typically recognized in other comprehensive income.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.