AAS 25 requires the disclosure of at least a summary of the most recent actuarial report for defined contribution plans.

Question

Quizplus · Accepted Answer

AAS 25 pertains to the financial reporting by superannuation plans, and it requires the disclosure of actuarial information primarily for defined benefit plans rather than defined contribution plans, as the latter do not typically involve actuarial assessments of the same nature.

AAS 25 Requires the Disclosure of at Least a Summary