Mooted change to accounting standard 'could see cash contributions slashed'

James Phillips
clock • 3 min read

A planned amendment to IAS 19 under consideration by the International Accounting Standard Board (IASB) could have big consequences for scheme funding arrangements.

The IASB is debating changes that would make it harder for companies to recognise defined benefit (DB) surpluses on their balance sheets, and affirming there is no unconditional right to a refund f...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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