Expert Focus – Forecast of the financial statements according to International Accounting Standards

Actuarially advanced and market-based forecasting method This article was published in Expert Focus Fluctuations in the liability in the IFRS financial statements are recognized either in the income statement or in other comprehensive income, depending on the cause. Forecasts of this variability of the obligation could be made realistically and in line with market conditions…

Nested stochastic modelling approach for liability modelling

We’ve implemented the nested stochastic modelling approach for liability modelling and then extended this approach to forecasting international accounting results based on a 3-factors affine term structure stochastic model for discount rates. We presented these at the Paris International Actuarial Conference (Program), which took place online. AFIR: Threshold portfolio return corresponds to the minimum portfolio return…