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Reclasification of OCI

DDinh3y ago
Dear sir, 1.Gain or loss on remeasurement of defined benefit pension scheme will be reclassified to PL? 2. But Actuarial gain or loss on defined benefit plan will not classified to PL? Why there is difference between 2 cases? Thanks
stephenwidbergstephenwidbergTutor3y ago#1
Both 1 and 2 mean the same thing - remeasurement gain is the more up to date term. Definitely NOT recycled to P&L. :)
DDinh3y ago#2
Dear Sir In illustrative solution of specimen exam, which is issued by Opentution, question 4.b "The gains/losses on the remeasurement of the defined benefit pension scheme are reclassified through profit or loss." Is there any mistake in this answer? Thanks
stephenwidbergstephenwidbergTutor3y ago#3
If it's the specimen exam ................it was issued by the ACCA not us. I can't seem to find the link, but I've just checked a hard copy which states that remeasurement differences are NOT recycled. There may have been an error in the original Q. Trust me!
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