Forums › ACCA Forums › ACCA SBR Strategic Business Reporting Forums › IAS 19…Help!!!
- This topic has 4 replies, 5 voices, and was last updated 14 years ago by MikeLittle.
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- November 15, 2010 at 9:05 pm #46007
Refer KIT (Kaplan) Ques SAVAGE…
If a company doesnot follow the corridor approach for recognition and recognize the actuarial gain/loss in SOCI or Statement of other Comprehensive Income then we end up in having Net Actuarial Gain/Loss.
Now, while preparing Financial Statements extract and Movement in Net Liability (Reconciliation) where we should record the above Net Actuarial Gain/Loss???November 16, 2010 at 3:57 am #70730well the actuarial gain or loss is recognized in SOCI so no need 2 take that in SOFP I guess…….
November 17, 2010 at 11:36 am #70731AnonymousInactive- Topics: 0
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You recognize such gains and losses directly through equity, thus SoFP
November 21, 2010 at 11:19 am #70732recognise the acturial gain or lose on obligation and plan asset in other comprehensive income.
but normally question will test on 10% corridor.
November 24, 2010 at 8:00 pm #70733Agreed, normally 10% corridor. Just occasionally recognise through Comrehensive Income
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