Current Issues in Pensions Financial Reporting 30 June 2012

Barnett Waddingham has released its latest version of Current Issues in Pensions Financial Reporting.

This note covers the selection of the key financial assumptions required for determining pension liabilities under UK and international accounting standards as at 30 June 2012.

There are a number of considerations for company directors to take into account when setting these assumptions and for auditors in determining whether the assumptions are appropriate. This note sets out some of the technical issues relevant to those involved in the preparation and the audit of pension disclosures.