Account Information

Financial Statement Statement of Financial Position
Normal Balance Credit

Definition

Represents gains or losses arising from remeasurement of employee benefit obligations (retirement plans, end-of-service benefits) under IAS 19.

📐 IFRS vs US GAAP Accounting Treatment

IFRS IAS 19 Employee Benefits
US GAAP ASC 715 Compensation - Retirement Benefits

❓ Frequently Asked Questions

Q: What are actuarial gains and losses?

A: Results of remeasuring employee benefit obligations (e.g., retirement plans) based on changes in actuarial assumptions, presented in OCI.