pension

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June 4, 2017 at 1:48 am #390045
samantha1998
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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
samantha1998
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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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