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Hong Kong, Singapore, Shanghai, Sydney, London

Valtech-Valuation-Consulting

Long Service Payment Valuation (LSP Valuation in Hong Kong)

In the sector of long service payment valuation, Valtech is truly professional and experienced. All of the track records we share with our clients are directly related to LSP valuation but not valuation of other nature. Valtech also provides further support in providing or reviewing figures for accounting disclosure such as sensitivity testing, discount rates etc.

Valtech Valuation Calculator for Long Service Payment (LSP) and Severance Payment (SP)

Categories: Long Service Payment Valuation (LSP Valuation in Hong Kong), Financial Reporting IFRS HKFRS|Tags: |

Valtech Valuation has updated and enhanced their LSP valuation model based on Projected Unit Credit Method, making reference to the HKICPA issued comprehensive guidance for the accounting for the impact arising from the abolition of the Mandatory Provident Fund (MPF)-Long Service Payment (LSP) offsetting mechanism (the "Abolition") on entities in Hong Kong. Past service cost should be recorded in the year of enactment of the Amendment Ordinance.

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