ExplanationAdvanced
Under IFRS, which components of periodic pension cost are reported in Other Comprehensive Income (OCI) rather than in Profit and Loss (P&L)?
Under IFRS, the components of periodic pension cost that are reported in Other Comprehensive Income (OCI) rather than in Profit and Loss (P&L) are the remeasurements. This includes actuarial gains and losses on the pension obligation and the net return on plan assets.
Key points
- Remeasurements are reported in OCI under IFRS.
- Remeasurements include actuarial gains and losses.
- Net return on plan assets is also included in OCI.
Source:International Financial Statement Analysis Workbook (CFA Institute ...· Employee Compensation: Post-Employment and Share-Based· p. 229–233
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International Financial Statement Analysis Workbook (CFA Institute ...
Thomas R. Robinson;
Fourth Edition · John Wiley & Sons, Inc.