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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
Both 1 and 2 mean the same thing – remeasurement gain is the more up to date term.
Definitely NOT recycled to P&L.
🙂
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
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