The International Accounting Standards Board is set to stick by its decision to make firms include all gains and losses relating to their pension arrangements in the year they occur, PP can reveal.
The changes to accounting standard IAS19 - part of a major revision of the standard, which could be in place as early as 2011 - will mean company profits will reflect the actual return on scheme as...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders