Remeasurement

Hi to all of you,

I am little ashamed to ask this question 15 days before the final date but I do not understand what remeasurement really means.

A simple equation would help. If an explanation comes with I would be glad to read it.

Thanks.

I am french and and a french humorist (sorry for my poor english) said : « we were all born equal but some are more equal than others ».

Thank you for your sympathy.

There is a « and » twice. Sorry.

An

It is always better to ask it 15 days before the exam than asking it on the exam day

Well, remeasurement (as in Pension Benefits Obligations) is composed of:

Under IFRS :

i)Actuarial Gain/Loss : Actuarial assumptions used to assume future employees benefits ( salary increase, expected life etc)

ii) Actual return on the plan assets measured as( Actual return (given) - Beginning plan assets * Interest rate)

This goes directly to OCI and not amortized

Under US GAAP:

i) Actuarial Gain/Loss

ii) Actual return on plan assets measured as (Actual return( given) - Beginning plan assets * Expected rate of return)

This goes to OCI and to be amortized to Income Statement through corridor approach

Hope that helps

Well. You are both kind and diligent.

I do appreciate that. I got it.

Thank you very much.

Always welcome