September 2026

Flexible trust structures that companies can use for employee incentives, share ownership, remuneration, retention planning, and other employee benefits are called Employee Benefit Trusts (EBTs). The basic concept of an employee benefit trust is a discretionary trust set up by an employer for the employees, former employees and, as detailed below depending on the terms…

A Liability Adequacy Test (LAT) is a financial evaluation that is largely employed in insurance accounting to actively ascertain the financial effectiveness of an insurer’s liabilities, for over the expectation of what it could be due in the future. The liability adequacy test is conducted simply to determine if the balance sheet ‘current’ value amount…