IAS 19Chapter 7Lesson 1
Other long-term benefits and termination benefits
Step 1 of 8Learning objectives
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A simplified treatment (everything in profit or loss) for long-service awards; the recognition date of departure payments and the boundary with IAS 37.
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Learning objectives
- Explain that the cost of another long-term benefit, remeasurements included, goes through profit or loss.
- Determine the recognition date of a termination benefit and calculate the amount to recognise.
- Tell termination benefits apart from other restructuring costs.