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Module V· DACH Specifics in M&A AccountingIntermediate
Question

How do you treat defined-benefit pension plans at DACH targets: Heubeck tables, discount rate, IDW RS HFA 30?

Answer

DACH DB plans require actuarial review of DBO, plan assets, discount rate, salary / pension trends, mortality tables such as Heubeck, and local accounting guidance. Compare HGB, IFRS, and tax values. In valuation, tax-effect net underfunding as debt-like and stress-test discount-rate sensitivity, funding requirements, and cash contributions.

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