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Revision of ias 19

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Revision of ias 19

  • This topic has 3 replies, 2 voices, and was last updated 12 years ago by MikeLittle.
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  • October 9, 2013 at 8:59 am #142348
    icedawn
    Member
    • Topics: 32
    • Replies: 176
    • ☆☆☆

    Hello
    it says that one of the consequence of a change in ias 19 will be that it increases comparability but also volatility. I understood the comparability part but as for the volatility could you make it clearer please?
    and what does the corridor method was like before the introduction of the revised std?
    illustration with figures would be appreciated 🙂

    October 9, 2013 at 11:13 am #142363
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23349
    • ☆☆☆☆☆

    Certainly not about to explain the corridor approach – it’s gone and there’s no way you will ever need it – unless it returns!

    Volatility arises because of what used to be called “Unrecognised gains and losses” now being recognised within the year’s income statement in full where previously they were corridored.

    Again, you do not need to know about these UGLY amounts and how they were treated – they are history

    October 9, 2013 at 5:03 pm #142397
    icedawn
    Member
    • Topics: 32
    • Replies: 176
    • ☆☆☆

    haha ok

    October 9, 2013 at 10:12 pm #142429
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23349
    • ☆☆☆☆☆

    You’re welcome, and post again with any further queries 🙂

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