IAS 19Chapter 2Lesson 2
Bonuses and profit-sharing
Step 1 of 6Learning objectives
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When a bonus without a contract creates a liability: the constructive obligation, the reliable estimate and the calculation of the expected bonus.
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Learning objectives
- Assess, from the facts of a case, whether a constructive obligation to pay a bonus exists.
- Calculate the amount to recognise under a plan formula given by a case.