IAS 19Chapter 4Lesson 3
The asset ceiling and professional cases
Step 1 of 6Learning objectives
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When a plan surplus becomes an asset (lower of the surplus and the ceiling), then, at professional level: minimum funding, member contributions and the 2021 agenda decision.
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Learning objectives
- Calculate the net asset recognised as the lower of surplus and ceiling, and account for the ceiling effect.
- Assess the availability of economic benefits and the effect of a minimum funding requirement (professional level).
- Treat member contributions and place an agenda decision (professional level).