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pension

Forums › ACCA Forums › ACCA SBR Strategic Business Reporting Forums › pension

  • This topic has 1 reply, 1 voice, and was last updated 8 years ago by Avatarsamantha1998.
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  • June 4, 2017 at 1:48 am #390045
    Avatarsamantha1998
    Member
    • Topics: 7
    • Replies: 5
    • ☆

    Hi sir,

    When it comes to the interest(pension), does the interest include the interest incurred by past service?

    Many thanks

    June 4, 2017 at 2:36 am #390053
    Avatarsamantha1998
    Member
    • Topics: 7
    • Replies: 5
    • ☆

    Hi sir,

    but in the exam of June 2014, the past service cost did occur in the first day of that financial year, but no interest cost on the past service cost.

    Do we have to calculate the interest cost which was not incurred in the first day of that FY?

    Many thanks

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