CERTYNEX IFRS ACADEMY

On 1 March N, Altair SA amends its defined benefit plan, which increases the obligation by 400,000 (past service cost, case data). This amendment is part of a restructuring whose related costs were recognised under IAS 37 as early as 15 January N (case facts). When does Altair recognise the past service cost as an expense?

On 15 January N, the earlier of the two dates, since recognition of the related restructuring costs precedes the plan amendment.

On 1 March N, the date of the plan amendment, whatever the date on which the restructuring costs are recognised.

Spread over the remaining working lives of the employees concerned, from 1 March N.

At the end of year N, through a remeasurement recognised outside profit or loss.