IFRIC concludes on D19 surpluses

By Stephen BouvierJune 2007 (Magazine)

Following a meeting of the International Accounting Standards (IAS) board’s interpretive body in April, the International Financial Reporting Interpretations Committee (IFRIC), Eric Steedman, a senior international consultant with Watson Wyatt, was left pondering one question. What justification IFRIC staff would find within IAS19 for arguing that an additional liability might ...