Actuarial valuation of End-of-Service Benefits (IAS 19) — in minutes

Upload employee data and get the benefit obligation, service & interest cost, actuarial gains/losses, the obligation movement and disclosures ready for the financial statements.

What it is

An actuarial calculator for end-of-service benefits under Saudi labor law and IAS 19: it computes the present value of the obligation using discount-rate, salary-increase, retirement and mortality assumptions, and produces the full note and disclosures.

Companies required to value EOSB actuarially
Audit firms serving multiple clients
Finance & HR departments

What you get, exactly

Defined benefit obligation (DBO/PBO)
Current service cost & interest cost
Actuarial gains/losses (OCI)
Obligation movement (opening to closing)
Sensitivity analysis
IAS 19 note & disclosures

Features

IAS 19 compliant

Projected unit credit method with configurable assumptions.

Employee data

Bulk Excel import with validation of ages, salaries and hire dates.

Note & disclosures

Obligation movement (opening/service/interest/actuarial/paid/closing) ready for the statements.

Sensitivity analysis

Impact of discount-rate and salary-increase changes on the obligation.

How it works

Upload employee data — Excel import: age, salary, hire date, gender.
Set assumptions — Discount rate, salary increase, retirement age, mortality table.
Calculate & export — Get the obligation, note, disclosures and export.

FAQ

Does it replace an actuary?

It's suited to IAS 19 accounting measurement and disclosure for non-complex companies, producing the obligation and statement-ready notes. Complex cases or specific regulatory requirements may still need an independent actuary's review.

Does it follow Saudi labor law?

Yes — the benefit formula follows the labor law, with configurable cases.

Does it provide a comparative period?

Yes — the obligation movement is computed for current and comparative periods.

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