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Ias 19

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Severinson, C. (2010), “The New IAS 19 Exposure Draft”, OECD Working Papers on Finance, Insurance and Private Pensions, No. 5, OECD Publishing. doi: 10.1787/5km7rq4hlw5g-en

OECD Working Papers on Finance, Insurance and Private Pensions No. 5

The New IAS 19 Exposure Draft
Clara Severinson

JEL Classification: G23, G32, M41, M52


OECD, France


Clara Severinson

September 2010


Financial Affairs Division, Directorate for Financial and Enterprise Affairs Organisation for Economic Co-operation and Development 2 Rue André Pascal, Paris 75116, France

ABSTRACT/RÉSUMÉ The New IAS 19 Exposure Draft At the end of April 2010, the International Accounting Standards Board (IASB) published an exposure draft with proposed changes to International Accounting Standard No. 19 (IAS 19). IAS 19 is the current standard for the financial reporting of company pension obligations that stem from defined benefit (DB) and similar plans. It is required for exchange-listed companies in many parts of the world. If enacted, the changes to IAS 19 proposed by the IASB are expected to have a significant impact on company financials on a global basis. The following paper summarizes the proposed changes as presented in the April 2010 exposure draft and explores some of their implications. This paper does not cover all the changes proposed by the IASB but attempts to focus on some key and controversial issues. JEL codes: G23, G32, M41, M52 Key words: IASB, IAS 19, defined benefit accounting, pension accounting, market-to-market

Copyright OECD, 2010 Applications for permission to reproduce or translate all, or part of, this material should be made to: Head of Publications…...

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