- This topic has 3 replies, 2 voices, and was last updated 2 years ago by
.
- Posts
Hi Sir,
May I know the vesting condition (market condition and non market condition) is it still relevant in IAS 19?
Further, may I know the criteria of recognition of benefits at the earlier of amendment date or provision recognized (IAS 37) date is it relevant to all employee benefits or just for the termination benefits?
First question – relates to IFRS 2 – where it is still relevant
Second question – termination benefits
Hi Stephen,
I’m still a bit confusing for second question.
I have read the past year Mar 2020 Question 4 Ecoma Co part b(ii).
It states that all past service cost should be recognised as expense @ the earlier date of when plan amendment or curtailment occurs or when entity recognise restructuring or termination benefits.
May I know the criteria here is it same with the one under termination benefits? so this mean that this criteria is applicable if entity make any plan amendment or curtailment am I right?
From IAS Plus:
“Past service cost is recognised as an expense at the earlier of the date when a plan amendment or curtailment occurs and the date when an entity recognises any termination benefits, or related restructuring costs under IAS 37 Provisions, Contingent Liabilities and Contingent Assets. [IAS 19(2011).103”
I think the implication is termination benefits, or costs associated therewith.
End of knowledge! 🙂
My debrief which shows a realistic answer:
https://opentuition.com/acca/sbr/march-june-2020-acca-sbr-exam-sbr-revision-lectures/
- You must be logged in to reply to this topic.