Human Resources
Thought Leadership

Proposed Amendments to IAS 19 — Accounting for Employee Benefits

2010-05-08

On April 29, 2010, the International Accounting Standards Board (IASB) issued the Exposure Draft (ED) "Defined Benefit Plans—Proposed Amendments to IAS 19."

The ED, part of limited scope amendments to IAS 19 pending a fundamental review of all aspects of post-employment defined benefit accounting, sets out some significant changes to IAS 19. These changes could dramatically increase the size and volatility of the balance sheet liability with respect to employee benefit plans. They also could significantly change the Profit-and-Loss (P&L) charge.

Read the Hewitt report linked to at right for more details.

Hewitt Global Report: Proposed Amendments to IAS 19 — Accounting for Employee Benefits