In pension accounting, how are past service costs accounted for under ASPE?

Question

Quizplus · Accepted Answer

Past service costs under ASPE (Accounting Standards for Private Enterprises) are included as part of pension expense and may be amortized over a specified period, typically the average remaining service period of the employees expected to benefit from the plan. This approach spreads the cost over the period that the amendment benefits are expected to be earned by the employees.

In Pension Accounting, How Are Past Service Costs Accounted for Under