Country Information

	0
	1
	0
	0
	0
	0
	0
	0
	0
	0

Asia-Pacific
Change Location

Accounting Bulletin

IASB proposes move to corporate bond based discount rates for all markets

On 20 August, the International Accounting Standards Board (IASB) issued exposure draft covering changes proposed at their July meeting. The proposals cover, amongst other items, what discount rates should be used to measure IAS19 pension liabilities in countries where there is no 'deep' corporate bond market. Following their review, the IASB concluded that companies should use discount rates based on yields of high quality corporate bonds (or a suitable proxy) to measure pension liabilities in all countries.