Employee Benefits (IAS 19) - Actuarial Society of India

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Ind AS 19 Vs IAS 19• Discount rate for employee benefit obligations– Ind As - Discount rate used to discount employeebenefit obligations shall be determined by referenceto market yields at the end of the reporting period ongovernment bonds only.– IAS - Discount rate used to discount employee benefitobligations shall be determined by reference tomarket yields at the end of the reporting period onhigh quality corporate bonds.www.carajkumarradukia.com 50
FAS 158 -Employers’ Accountingfor Defined Benefit Pension andOther Postretirement PlansThis Statement requires an employer that is abusiness entity and sponsors one or moresingle-employer defined benefit plans to:• Recognize the funded status of a benefit plan• Recognize as a component of othercomprehensive income, net of tax, the gains orlosses and prior service costs or credits thatarise during the period but are not recognized ascomponents of net periodic benefit cost pursuantwww.carajkumarradukia.com 51
Page 5 and 6: Basic Principle of IAS 19• The co
Page 7 and 8: IAS 19 Applies to1. Wages and Salar
Page 9 and 10: Revised IAS 19• The IASB had publ
Page 11 and 12: The Revision impact onEnterprises
Page 13 and 14: Revised Goal of Enterprises afterRe
Page 15 and 16: Type of Employee Benefit Plans• H
Page 17 and 18: Termination Benefits• An entity i
Page 19 and 20: Defined Contribution Plan - DCPwww.
Page 21 and 22: DCP - Financial Statement• Income
Page 23 and 24: Defined Benefit Plan - DBPwww.caraj
Page 25 and 26: Defined Benefit Schemes• It may b
Page 27 and 28: Arriving at DBP Liability• The de
Page 29 and 30: Valuation of Defined Benefit Plan
Page 31 and 32: List of 9 asset valuation methods1.
Page 33 and 34: Funding of Pension Planswww.carajku
Page 35 and 36: Pension Plans with no Funding• A
Page 37 and 38: Actuarial Valuation Assumptions•
Page 39 and 40: Financial Assumptions• Discount R
Page 41 and 42: Effects of changes in actuarialassu
Page 43 and 44: Asset Ceiling Test (ACT)• The amo
Page 45 and 46: IFRIC 14: IAS 19 - The Limit on aDe
Page 47 and 48: AS 15 - Employee Benefits• The ra
Page 49: Ind AS 19 Vs IAS 19• Actuarial ga
Page 53 and 54: FAS 158 -Employers’ Accountingfor
Page 55 and 56: Disclosure Requirementswww.carajkum
Page 57 and 58: Questions/ Suggestions/Comments???w

Employee Benefits (IAS 19) - Actuarial Society of India

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