Ind AS 19 : Employee benefits query

K.V.Lakshmi (COMPANY SECRETARY) (277 Points)

17 March 2018  
As per AS 15, Service cost and interest cost should have been recognised in the P & L and Net Asset/ liability should have been recognised in the balance sheet during 2015-16 and 2016-17 but they were not done. Now being first year of IND AS implementation we are restating them under IND AS. How should we justify the difference in the Notes ?