18 April 2016 — Consultation Response

FEE responds to IPSASB proposed amendments to IPSAS 25 on employee benefits


The Federation of European Accountants submitted its comments on IPSASB’s Exposure Draft 59: Amendments to IPSAS 25 Employee Benefits.

The Federation supports the approach taken in this ED that aligns, as far as possible, IPSAS 25 with International Accounting Standard 19. It specifically supports the proposed removal of the ‘corridor approach’ which will result in all changes in the present value of plan assets being recognised in the period in which they incur. It also agrees with the continued divergence with IAS 19 with respect to determining the rate used to discount the post-employment defined benefit obligations. The Federation also agrees with the proposed amendments to the components of defined benefit cost.

For more details, see the full comment letter.

Related documents

FEE comment letter on IPSASB Exposure Draft 59: Amendments to IPSAS 25 Employee Benefits

IPSASB Exposure Draft 59