Indonesia: Quarterly update on discount rates as at 31 March 2018

  • Print
  • Connect
  • Email
  • Facebook
  • Twitter
  • LinkedIn
  • Google+
By Halim Gunawan, Mark Whatley | 13 June 2018

Companies in Indonesia are required to prepare financial statements annually, semi-annually or, in some cases, quarterly. All companies should report their liabilities and costs in respect of their post-employment and other long-term employee benefit plans in accordance with Indonesia Statement of Financial Accounting Standard no. 24 (PSAK24).

This quarterly update provides insight on the discount rate, one of the key assumptions for valuing long-term employee benefit liabilities.