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Understanding functional and technical aspects of International Financial Reporting Standards for Compensation Professionals (T7) IAS 19 Purpose and Scope
The following will be asked from you in the exam:
- Methods of calculation including the reliance on actuarial and financial assumptions
- Calculating the liability of a defined contribution plan
- Calculating the liability of a defined benefit plan
- Discounted cash flow techniques. Issues to be addressed, such as what is the appropriate discount rate
- IAS 19 Types of Post Employment Benefit Plans
- Practical examples of treatment
- Accounting treatment of a defined contribution plan
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