ninja1024

The correct answer is 85-12+27 = 100

IFRS balance sheet liability = the net underfunded amount + deferred expenses - deferred gains. GAAP balance sheet liability = net underfunded amount. The deferrals go to OCI.

Where in Kaplan are you seeing 70?


francis Wrote:
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> If the funded status is $85M underfunded, and the
> unrecognized actuarial gain is $12M and
> unrecognized prior service cost is $27M, what is
> the amount of the net pension liabilities reported
> according to IFRS, $70M or $100M?

- Robert