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<nobr>Apr 29, 2004</nobr> IASB Exposure Draft Amendments to IAS 19 Employee Benefits
This Exposure Draft proposes an additional recognition option for actuarial gains and losses in post-employment defined benefit plans. Actuarial gains and losses are defined in IAS 19 as experience adjustments (the effects of differences between the previous actuarial assumptions and what has actually occurred) and the effects of changes in actuarial assumptions. They include changes in the fair value of plan assets other than the expected return. Actuarial gains and losses can be large and volatile. IAS 19 requires actuarial gains and losses to be recognised in profit or loss either in the period in which they occur, or on a deferred basis. |