A proposed model for the actuarial work audit program in accordance with the principles of the international labor organization and the international social security association in department retirement social security for workers

Applied research

Authors

  • Hiba Abdul Fattah Ali Federal Board of Supreme Audit
  • Prof. Dr. Sebeha Barzan Farhoud Post Graduate Institute for Accounting and Financial Studies University of Baghdad

Keywords:

actuarial examination, actuarial work, actuarial audit

Abstract

The research aims to introduce the actuarial work and prepare a program for auditing actuarial work according to the principles of the International Labor Organization (ILO) and the International Social Security ( ISSA) for worker, and the research relied on the ( 2014-2019), and one of the most important results is the lace of a special program for auditing the actuarial work of the retirement and Social Security department for workers in accordance with the principles International Labor Organization (ILO) and the International Social Security ( ISSA) in the research sample unit, the absence of a database that includes information about the demographic structure, characteristics of retirees, retirement behavior , rates of accidents causing disability and retirement, the absence of an internal actuarial department to carry out the  internal actuarial operations  necessary to prepare actuarial data and to develop the evaluation methodology and assumptions ,and among important recommendations is the need to implement  the actuarial work audit program for the department accordance with the principles of the Labor Organization International and the International Social Security Association knowledge th future commitments,  determining the value of current benefits  and available cash liquidity ,conducting actuarial studies and research to benefit from them in guiding and  guiding actuaries and actuarial workers in matters related to financing ,providing Social Security  benefits ,managing risks and investment , knowing the obstacles , challenges and restrictions facing the Social Security system and developing appropriate solutions for it .

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Published

2022-12-30

How to Cite

A proposed model for the actuarial work audit program in accordance with the principles of the international labor organization and the international social security association in department retirement social security for workers : Applied research . (2022). Journal of Accounting and Financial Studies ( JAFS ), 17(61), 535-557. https://jpgiafs.uobaghdad.edu.iq/index.php/JAFS/article/view/1160