Why Does IAS 19 Require Recognizing Changes in the Fair

question 31

Essay

Why does IAS 19 require Recognizing changes in the fair value of pension assets and liabilities to flow through OCI and not through the income statement?

---

Definitions:

Introductory Stage

The initial phase of a product life cycle when a product is launched to the market, characterized by marketing efforts to establish its presence.

Marketing Program

A coordinated, comprehensive plan that identifies and specifies strategies and tactics for achieving marketing objectives.

Product Life Cycle

The advancement of a product through various phases that include its introduction, growth, maturation, and eventual decline.

Growth

An increase in some quantity over time, such as revenue, size, or population.