Question

The IASB is currently working on proposals that would significantly change the reporting standards for postemployment plans.
Instructions
(a) What is proposed with respect to changes in the discount rates used to calculate the present value of the obligations? See, on the IASB website (www.iasb.org), the Exposure Draft Discount Rate for Employee Benefits, August 2009. Why is the IASB considering changes in this?
(b) As noted in the chapter, the IASB is contemplating changes to the accounting for pension plans. Summarize these changes. Why do you think the IASB is contemplating these changes?


$1.99
Sales0
Views38
Comments0
  • CreatedAugust 23, 2015
  • Files Included
Post your question
5000