Skip to content

Ask the Tutor ACCA SBR

Interest on defined benefit plan

Former userFormer user6y ago

[Content removed at user request]

P2-D2P2-D2Tutor6y ago#1
Hi, Yes, the interest is accrued on the pension and it isn't actually paid. It therefore needs to be deducted from the finance cost to get the interest paid figure. Thanks
Sign into reply to this topic.