Thanks for your video education. But i thought maybe need revised calculation about interest. Where at the final years (7th) the interest is more bigger than 1st year, whereas the final year will be settled very soon. Should you use FVIFA other than discounted only each year. Discussion is open if you want
It is quite logical that annual interest is the biggest in the last year, because the basis for calculating the interest is the greatest. Note that these interests in individual years are not total, but annual. For more details, please refer to implementation guidance in IAS 19.
Thank you very much . Your short summaries are legendary. Super useful for all of us . Great work again
Simply superb......
THis is soooooo useful !! Thanks a lot SIlvia !!!
Useful !! Thank you Silvia
Like unwinding interest.
Thank you very muchhh
Thanks for your video education. But i thought maybe need revised calculation about interest. Where at the final years (7th) the interest is more bigger than 1st year, whereas the final year will be settled very soon. Should you use FVIFA other than discounted only each year. Discussion is open if you want
It is quite logical that annual interest is the biggest in the last year, because the basis for calculating the interest is the greatest. Note that these interests in individual years are not total, but annual. For more details, please refer to implementation guidance in IAS 19.
Great
1/(1.02)^n
Projected unit credit method... Simply means discounting method 😂
The discounting is just one component of it. The first component is to attribute benefits to the periods of service.