ias 19

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April 27, 2014 at 7:01 pm #166477
kerri
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Hi Mike

In the previous version of ias 19. It states that there are number of options for recognition. I.e immediate recognition via p and l or oci and deferred recognition. Now

In the new revised ias 19 in 2011 what are the changes and what model does it use for recognition?

Thanks
May 4, 2014 at 2:40 pm #167390
meaow01
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Acturial Gains/losses

Previous
1.Immediate
2.Deferral (Corridor Approach) or Any other systematic basis

Revised:
Recognize A.G/Losses in the period incurred .

Past Service Cost:
Previous: Separate for Vested and Unvested benefits

Revised : All past service cost (Vested or unvested) recoginized in the period of ammendment.

Other Changes:
-Net Interest Cost (SAME rate for for plan assets and plan obligation)

(Presentation Uniformity)
-Remeasurement Component : [A-Gains/Losses + (Actual returns less (implied return by net interest cost) +Effect of Asset Cieling]

Please correct,if wrong.
May 6, 2014 at 11:56 am #167621
kerri
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Thanks very much Mike. This helped.

What is asset ceiling?
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