Long-term employee benefits in a changing world: Preparation for year-end

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October 21, 2014, Abu Dhabi

The cost of providing long-term employee benefits has increased over the past year for UAE companies. Balance sheet liabilities are rising and the annual expenses now represent a significant proportion of staff costs. Therefore, it is not surprising that the disclosure of these expenses in company accounts is receiving increasing attention from auditors and finance teams.

This Milliman seminar examined and discussed:

  • Trends in the costs of employee benefits
  • How the costs are recognized through company accounts
  • How the risks associated with these costs can be managed over time

For companies who do not yet use International Accounting Standards in their accounting, we presented our study on the impact you can expect on your P&L and balance sheet after adoption of the standards. This complimentary breakfast seminar was provided with the support of AmCham Abu Dhabi.

For a transcript or a copy of the slides presented at this event, if available, please email cecilia.sampson@milliman.com

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