CERTYNEX IFRS ACADEMY

Tavrel SA has three significant actuarial assumptions for its defined benefit plan: the discount rate, salary growth and mortality. In its notes, it presents a sensitivity analysis for the discount rate alone (case facts). What should be concluded about this disclosure?

It is complete, because the discount rate is the dominant assumption and the sensitivity of the other two assumptions provides no useful information to the readers of the financial statements.

It is incomplete: a sensitivity analysis is expected for each significant actuarial assumption, showing the effect on the obligation of reasonably possible changes.

It is complete if Tavrel states that the other assumptions remained stable during the year, which excuses analysing their sensitivity.

It is incomplete, but the expected analysis must relate to plan assets and not to the obligation, whose effect is already known.