Commercial accounting of pension obligations assumed for consideration

Overview

This report addresses issues relating to the valuation and accounting of pension and similar long-term obligations assumed for consideration in the purchaser's commercial balance sheet during initial and subsequent valuation. It concerns actuaries who, in their role as actuarial experts, determine provisions for pension and similar long-term obligations in accordance with commercial law principles for the annual financial statements of companies prepared under commercial law.

This report is intended for the members and committees of the German Association of Pension Funds (DAV) to inform them about the status of the discussion and the findings obtained and does not represent a professionally legitimate position of the DAV.