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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › IAS 19
In the balance sheet, do we report the defined benefit asset & obligation separately or do we work out the net position and report either an asset or liability?
I have looked at an annual report that complies with IFRS and the asset & liability was reported individually
Please say sir.
Hi,
You can net them off if you wish and you wouldn’t lose any marks if you did or didn’t within the exam.
Thanks
