Short-term IAS 19 employee Current fulfilment value: the Current fulfilment The amount undiscounted benefits undiscounted amount expected to value: the present expected to be paid in respect of be paid in respect of services value of future services already received (using already received (using amounts expected entity-specific cash flows); or cash flows) to be paid in respect of services already received (using cash flows discounted at a current market rate) The present value of future amounts expected to be paid in respect of services already received (using entity-specific cash flows discounted at a current market rate) Long-term IAS 19 employee Current fulfilment value: the Current fulfilment Current fulfilment value: the benefits present value of future amounts value: the present present value of future amounts expected to be paid in respect of value of future expected to be paid in respect of services already received (using amounts expected services already received (using entity-specific cash flows to be paid in entity-specific cash flows discounted using yields on respect of services discounted at a current market corporate bonds where an already received rate) active market exists for those (using bonds, or the government bond cash flows rate) discounted at a current market rate) Provisions IAS 37 Current fulfilment/transfer value Current fulfilment Current fulfilment value: the value: the present present value of the best estimate That is, the present value of the value of the best of future amounts to be paid in best estimate of future amounts to estimate of future settlement of the liability or, where be paid in settlement of the amounts to be paid transfer is expected, in transferring liability; or, where transfer is in settlement of the the liability (using entity-specific expected, in transferring the liability or, where cash flows discounted at a current liability (using entity-specific cash transfer is market rate) flows discounted at a current expected, in market rate reflecting the risks transferring the specific to that liability) liability (using entity-specific cash flows discounted at a current market rate)
Short-term employee benefits IAS 19 Current fulfilment value: the undiscounted amount expected to be paid in respect of services already received (using cash flows) Current fulfilment value: the present value of future amounts expected to be paid in respect of services already received (using cash flows discounted at a current market rate) The undiscounted amount expected to be paid in respect of services already received (using entity-specific cash flows); or The present value of future amounts expected to be paid in respect of services already received (using entity-specific cash flows discounted at a current market rate) Long-term employee benefits IAS 19 Current fulfilment value: the present value of future amounts expected to be paid in respect of services already received (using entity-specific cash flows discounted using yields on corporate bonds where an active market exists for those bonds, or the government bond rate) Current fulfilment value: the present value of future amounts expected to be paid in respect of services already received (using cash flows discounted at a current market rate) Current fulfilment value: the present value of future amounts expected to be paid in respect of services already received (using entity-specific cash flows discounted at a current market rate) Provisions IAS 37 Current fulfilment/transfer value That is, the present value of the best estimate of future amounts to be paid in settlement of the liability; or, where transfer is expected, in transferring the liability (using entity-specific cash flows discounted at a current market rate reflecting the risks specific to that liability) Current fulfilment value: the present value of the best estimate of future amounts to be paid in settlement of the liability or, where transfer is expected, in transferring the liability (using entity-specific cash flows discounted at a current market rate) Current fulfilment value: the present value of the best estimate of future amounts to be paid in settlement of the liability or, where transfer is expected, in transferring the liability (using entity-specific cash flows discounted at a current market rate)