The approach taken in IAS 19 before its 1998 revision was to match an even pension cost

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‘The approach taken in IAS 19 before its 1998 revision was to match an even pension cost against the period the employees provided service. This follows the accruals principle and is therefore fundamentally correct.’ Discuss.

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Financial Accounting And Reporting

ISBN: 9781292255996

19th Edition

Authors: Barry Elliott, Jamie Elliott

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Question Posted: Nov 04, 2022 01:26 AM

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The approach taken in IAS 19 before its 1998 revision was to match an even pension cost

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IAS 19 was revised in 1998 in order to better align th...View the full answer

Financial Accounting And Reporting

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