Key Topics: Defined benefit plan and defined contribution plan

Description: This question provides a comprehensive explanation of employee benefit expenses, with a primary focus on the concepts and calculations related to defined benefit plans. This question tests a thorough understanding of the defined benefit plan, covering both theoretical knowledge and practical application. It challenges candidates to demonstrate a clear grasp of key IAS 19 principles, including the recognition, measurement, and disclosure of defined benefit obligations and plan assets. Candidates can expect a mix of theory-based questions alongside practical calculations, reflecting the exam’s emphasis on both conceptual clarity and problem-solving skills.