Global Standards for the world economy

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IASB Investor Education

Webcast series with the CFA Institute

Investor Education video: Accounting for Post-Employment Benefits

 18 August 2014

The Accounting for Post-Employment Benefits under defined benefit (DB) schemes is a highly complex financial reporting area that for a long time posed several interpretation challenges for investors and other readers of financial statements.  The International Accounting Standards Board (IASB) has recently updated its requirements for accounting for post-employment benefits—with targeted changes that aim to reduce the overall complexity of accounting approaches and better depict the underlying economic reality that companies face due to their DB plans. These changes took effect from 1 January 2013.

IASB member Patrick Finnegan, CFA, Fred Nieto, CFA of the IFRS Education Initiative, and Vincent Papa, PhD, CFA, director of financial reporting policy at CFA Institute, discuss the rationale for these changes along with what investors can expect from updates to related accounting and disclosure standards.

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Please note: This video is being streamed from a third party website and works best with Internet Explorer. If you continue to encounter problems in attempting this video, you can try accessing the video at the following link.




Fred Nieto
Investor Education Manager


Barbara Davidson
Principal, Investor Liaison