Illustrative Disclosures :

Illustration II attached to the Standard contains illustrative disclosures.

Provided that a Small and Medium-sized Company and Small and Medium-sized Enterprise (Levels II and III non-corporate entities), as defined in Appendix 1 to this Compendium, may not apply the disclosure requirements laid down in paragraphs 119 to 123 of the Standard in respect of accounting for defined benefit plans. However, such company/  enteprise, except a Small and Medium-sized Enterprise (Levels II and III non-corporate entities) whose average number of persons employed during the year are less than 50, should disclose actuarial assumptions as per paragraph 120(1) of the Standard.