Skip to main content
IFRS Academy

CERTYNEX IFRS ACADEMY

Search the Academy

Home
My learning path
Exercises & quizzes
Cases
Workpapers
Exams
My progress

JudgmentAdvancedPublished

Question · Remeasurement before the plan event

On 1 October, Sorel SA amends its defined benefit plan by reducing future benefits. The management controller proposes, "to avoid complications", to keep the opening assumptions for the service cost and net interest of the last quarter, and to measure the past service cost with the obligation at the last reporting date (case facts). Write a note that sets out the values and assumptions to use, what is a matter of professional judgement and the conclusion.

Your answer

Judgment question: compare your answer with the criteria and the model explanation.

← Back to the concept