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Understanding functional and technical aspects of International Financial Reporting Standards for Compensation Professionals (T7) IAS 19 Purpose and Scope
The following will be asked from you in the exam:
- IAS 19 Features of a defined benefit plan
- IAS 19 Features of a defined benefit plan
- Methods of calculation including the reliance on actuarial and financial assumptions
- Calculating the liability of a defined contribution plan
- Accounting treatment of a defined contribution plan
- Practical examples of treatment
- Calculating the liability of a defined benefit plan
- IAS 19 Types of Post Employment Benefit Plans
- Discounted cash flow techniques. Issues to be addressed, such as what is the appropriate discount rate
Understanding functional and technical aspects of International Financial Reporting Standards for Compensation Professionals (T7) IAS 19 Purpose and Scope
The following will be asked from you in the exam:
- Benefits that do not accrue
- Benefits that accrue
- Profit sharing and bonus plans
- Definition
- Accounting treatment for short-term benefits
- Practical examples of treatments
- Types of short-term benefit
- IAS 19 Short-Term Employee Benefits
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