Valtech Valuation provides LSP valuation under new legislation
HONG KONG, Oct. 9, 2023 /PRNewswire/ — 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 […]