How Actuarial Assumptions Affect Defined Benefit Obligations under International Financial Reporting Standards. Evidence from Korea
- Authors
- Cho, Kwanghee; Kim, YoungJun; Yoon, Sang Kyoo
- Issue Date
- 9월-2014
- Publisher
- WILEY
- Citation
- AUSTRALIAN ACCOUNTING REVIEW, v.24, no.3, pp.255 - 261
- Indexed
- SSCI
SCOPUS
- Journal Title
- AUSTRALIAN ACCOUNTING REVIEW
- Volume
- 24
- Number
- 3
- Start Page
- 255
- End Page
- 261
- URI
- https://scholar.korea.ac.kr/handle/2021.sw.korea/97518
- DOI
- 10.1111/auar.12051
- ISSN
- 1035-6908
- Abstract
- This paper examines how actuarial assumptions affect defined benefit obligations (DBOs) under the newly adopted Korean International Financial Reporting Standards (K-IFRS) with the help of evaluation reports provided by the pension provider. The results show that there is no significant discrepancy between the DBOs estimated on a going concern basis under K-IFRS, and the retirement benefits estimated on a non-going concern basis under traditional K-GAAP. Also, the rate of salary increase, average salary and average years of service have a statistically significant positive impact on DBOs, irrespective of the adoption of K-IFRS.
- Files in This Item
- There are no files associated with this item.
- Appears in
Collections - Graduate School > Graduate School of management of technology > 1. Journal Articles
Items in ScholarWorks are protected by copyright, with all rights reserved, unless otherwise indicated.