Accounting Standard 15

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Pawan Patil (Querist)
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26 March 2008 Respected Sir,

A)I want know about What is meaning of Net
present Value Obligation as per AS 15 ?

B) Fair Value of Plan of Asset as per AS 15 ?

C)Unrecognised past service cost as per AS 15 ?

I hope you will reply immediately

With best regards,

VILAS CHOUDHARI

MANAS ROUT

MANAS ROUT (Expert)
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26 March 2008 The estimated obligation you have to discounted in its present value as at the balance sheet date by applying the discount rate of the YTM of a Govt bond as on the balance sheet date.
Fair value means the value by whcih you can able to repay the obligation of the same amount .it has the same meaning as ohterwhere mentioned in other AS.
Unrecognised past service cost means the employee alredady provided his service in the past but the employer is not in a position of recognised his benefits accrue to him or in otherway.

Pawan Patil

Pawan Patil (Querist)
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26 March 2008 Respected Sir,

Thanks for sending mail

I have to know also Unrecognised Trasitional amount as per AS 15 ?

Thanks in advance
I hope you will reply immediately

With best regards,

Vilas Choudhari

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