Importance In Russia private pension provision represented mainly by corporate pension plans provided by groups of large enterprises that have to prepare consolidated financial statements in accordance with IFRS and disclose the information about their pension plans. Objectives More complex accounting and detailed disclosure is required for defined benefit pension plans. Investigation of the consolidated financial statements of organizations with corporate pension plans showed that many perform an actuarial valuation of the plan obligations on their own, but not always fully disclose the required information. Our objective is to analyze all the changes of defined benefit obligations during the reporting period in the consolidated financial statements, their ordering and formalization in determining its amount. Methods Based on analysis of IFRS requirements the following changes in plan obligations were considered in detail: the service cost, the benefit payments and the settlement of obligations, effects of business combinations and disposals, including obligations in a disposal group classified as held for sale, interest cost on the defined benefit obligation, actuarial gains and losses, exchange rate differences. Results The author suggests using sub-accounts to reflect the various changes in the plan obligations, taking into account the interest on the service cost, including in the reconciliation of the balance defined benefit obligations extra line "Reclassification to liabilities included in disposal groups classified as held for sale". The formulas for calculating interest cost are presented, the causes of exchange rate differences for the plan obligations and the order of their registration are identified. Conclusions and Relevance The proposed calculation will allow to more correctly determine the defined benefit cost, attributable to the profit and loss or other comprehensive income, to generate the necessary data for the disclosure of reconciliation from the opening balance to the closing balance defined benefit obligations in the consolidated financial statements under IFRS.
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