Dear All,
According to Accounting Manager Meeting of Subsidiary Company on September 19, 2014,
On behalf of Khun Itsarree, I'd like to inform you the information after our discussion with PWC Thailand about Retirement Benefit,
the conclusion about the mentioned matter are as follows:
1. For any Subsidiary Company which recorded the Retirement Benefit this fiscal year, no adjustment is needed.
2. For any Subsidiary Company which set the budget and planned to record in this fiscal year, please do so in this fiscal year.
3. For any Subsidiary Company which can not set the budget and unable to record the Retirement Benefit in this fiscal year, please set the budget and record the Retirement Benefit in the incoming fiscal year.
Please do not hesitate to contact me if you require any further information.
The conclusion after discussing with PWC as follow.
1. Any company who already applied Actuarial valuation method , please continue apply.
2. Any company who does not apply, please does same method of previous year.
PWC accepted both method in this year.
For next year, may be only Actuarial valuation method is acceptable.
Thanks/itsarree