Actuarial

  • 3 Posts
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August 31, 2024 4 min read Definitions
Board for Actuarial Standards: Technical Standards for Actuarial Profession
Finance Accounting Insurance Actuarial Standards Financial Reporting Technical Standards Regulation
An organization established in 2005 with a remit to set technical standards for the actuarial profession. It is part of the Financial Reporting Council.
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August 31, 2024 4 min read Definitions
JDS: Joint Disciplinary Scheme
Accounting Professional Standards Regulatory Bodies JDS Accountancy Actuarial Discipline Regulation
JDS (Joint Disciplinary Scheme) is a framework previously administered by the Accountancy and Actuarial Discipline Board (AADB) for maintaining professional standards within the accounting and actuarial professions in the UK.
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August 24, 2024 3 min read Definitions
Vested Benefit Obligation (VBO): Understanding the Measure of a Firm's Pension Liability
Finance Accounting Pension Liability Actuarial Employee Benefits Financial Health
An in-depth look at Vested Benefit Obligation (VBO), explaining its significance, calculation, and impact on a firm's financial health.
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