[nilesh]

Discuss about actuarial gains and losses ias 19 here. Welcome to Courses.ind.in and this page is for actuarial gains and losses ias 19 discussion. If you are looking for information on actuarial gains and losses ias 19 then ask your question is as much details as possible in the “Reply” box provided below. The more detailed your question will be, the more easy will it be for our experts to answers your query. And if you have any updated or latest information on actuarial gains and losses ias 19, then please share you knowledge with our experts in the “Reply” box below. Your reply will be published here and your knowledge can help many people. Thanks for stopping by at Courses.ind.in. Please visit again.

Hii sir, I Wants to get the Information About the IAS 19 — Actuarial gains and losses, group plans and disclosures Project ?

[prince karak]

IAS 19 or International Accounting Standard Nineteen is an accounting rule concerning employee benefits under the IFRS rules set by the International Accounting Standards Board. In this case, "employee benefits" includes wages and salaries as well as pensions, life insurance, and other perquisites.

The IAS 19 — Actuarial gains and losses, group plans and disclosures Project

In July 2002, the IASB decided that the differences between IAS 19 Employee Benefits (1998) and national standards should be addressed in a broad-scope convergence project.

The following topics were included in scope of the convergence project:

How the total change in value of plan assets should be reported in a statement of comprehensive income Disclosure of an allocation of plan assets across broad categories, such as equities, fixed income securities, property, etc

. Whether the immediate recognition of actuarial gains and losses arising on the defined benefit obligation should be retained as an option (as currently in IAS 19), made mandatory, or prohibited. Those who favour immediate recognition feel that the IAS 19 corridor approach amounts to 'income smoothing'.

Those who support a corridor or spreading approach feel that such approach is appropriate given

(i) the allocation of benefits earned to periods of service and (ii) the recognition of unvested past service cost over the vesting period. Whether the 'asset ceiling' of IAS 19 should be retained.

Whether certain guidance from FASB Statements 106 and 112 (which deal with non-pension benefits) should be incorporated into a revised IAS 19.

For more information About the Employee Benefits of the IAS 19 Rules you may Consider the below Attachement that is Free to Download

IAS 19 Employee Benefits