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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › EMPLOYEE BENEFITS
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.
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
Thanks a lot