Discretion in accounting for pensions under IAS 19: using the ‘magic telescope’?

We use a panel data set of UK-listed companies over the period 2005 to 2009 to analyse the actuarial assumptions used to value pension plan liabilities under IAS 19. The valuation process requires companies to make assumptions about financial and demographic variables, notably discount rate, price i...

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Bibliographic Details
Main Authors: Billings, Mark, O'Brien, Christopher, Woods, Margaret, Vencappa, Dev
Format: Article
Published: Taylor and Francis Group 2016
Subjects:
Online Access:https://eprints.nottingham.ac.uk/38456/