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EMPLOYEE BENEFITS

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › EMPLOYEE BENEFITS

  • This topic has 2 replies, 2 voices, and was last updated 9 years ago by tinaboy.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • June 18, 2016 at 7:45 am #323353
    tinaboy
    Member
    • Topics: 27
    • Replies: 126
    • ☆☆

    Hie Mike,

    For unrecognised gains , lets say the assets gained $400 but the obligation increased by $460 giving a net loss of $60.Shouldnt this be recognised through other comprehensive income?all current service costs and interest cost(net) should be recognised through profit or loss.

    Thanks Mike.

    June 18, 2016 at 10:27 am #323375
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7172
    • ☆☆☆☆☆

    Hi,

    Yes, there are no such thing as unrecognised gain/losses in IAS 19 any more. Any actuarial differences, or remeasurement gains/losses to give them their proper name now, will go immediately trough other comprehensive income.

    All current and past service costs will go through profit or loss, as too will interest costs.

    Thanks

    June 18, 2016 at 4:31 pm #323403
    tinaboy
    Member
    • Topics: 27
    • Replies: 126
    • ☆☆

    Thanks a lot

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