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CMA Intermediate · Corporate Accounting and Auditing · Employee Benefits (Ind AS 19)

Regarding disclosure of other long-term employee benefits, what does Ind AS 19 provide?

Ind AS 19 requires no specific disclosures for other long-term employee benefits, but other standards may require them. Ind AS 24 requires disclosure of key management personnel employee benefits, and Ind AS 1 requires disclosure of employee benefits expense.

  1. AIt requires the same detailed disclosures as for defined benefit plans
  2. BIt requires no specific disclosures, though other Ind ASs such as Ind AS 24 and Ind AS 1 may require someCorrect
  3. CIt prohibits any disclosure of such benefits
  4. DIt requires disclosure only of remeasurements in OCI

Explanation

Ind AS 19 does not require specific disclosures about other long-term employee benefits. Other standards may still require disclosure: Ind AS 24 for key management personnel benefits and Ind AS 1 for employee benefits expense. The defined benefit disclosure option is wrong.

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