September/December 2020 ACCA SBR Exam - SBR Revision Lectures

2 Comments

1. V
   Vivekanantha·4y ago

   love this guy!
2. V
   Vy·4y ago

   Dear Sir,
   
   Thank you for your debrief. I have a question regarding the defined benefit scheme. Based on your note in Defined benefit pension scheme, the actuarial gain/loss and the remeasurement components go to OCI. However, based on the answer of Question 4 of the Sep/Dec 2020 exam, the "The treatment for these payments is similar to a defined benefit pension scheme, but the difference is that any actuarial gains or losses are recognised immediately and not in other comprehensive income as Handfood Co does at present. Any service costs, net interest and remeasurements should all be recognised in profit or loss." So it means that for defined benefit pension scheme, actuarial gain/loss and remeasurement components should go to P/L instead of OCI?