Hi all,
Your thoughts on the below would be greatly appreicated.
Is the Projected benefit obligation calculated the same under IFRS and GAAP? For PBO is the Interest Cost is equal to Benefit obligation at begin of yr * Discount rate - with absolutely no difference in calculation methodlogy between IFRS and GAAP?
Is it only when we look at Net interest income/expense and interest expense in Income statement that is is reported differently btwn IFRS and GAAP?
Cheers