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employee benefits

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › employee benefits

  • This topic has 1 reply, 2 voices, and was last updated 4 years ago by Stephen Widberg.
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  • November 25, 2020 at 12:40 pm #596398
    toushiga
    Participant
    • Topics: 424
    • Replies: 171
    • ☆☆☆☆

    Hello Sir, For PYQ Sep/Dec 19 Q3(c)(ii)
    Why the change in int cost and current service cost will affect the remeasurement component?

    Examiner answer:”The net effect will be to change the re-measurement component by $11,880,000.”

    Thank you.

    November 25, 2020 at 2:04 pm #596413
    Stephen Widberg
    Keymaster
    • Topics: 16
    • Replies: 3430
    • ☆☆☆☆☆

    If the service cost / net interest cost change – then the remeasurement component will change – because it is a balancing figure in reconciling opening and closing assets and liabilities.

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