BC203 The amendments made in 2011 updated the disclosure requirements, because of concerns:
(a) that the disclosures required by the previous version of IAS 19 did not enable users of financial statements to understand the financial effect of liabilities and assets arising from defined benefit plans on the financial statements as a whole.
(b) that the volume of disclosures about defined benefit plans in many financial statements risked reducing understandability and usefulness by obscuring important information. This concern was particularly pronounced for multinational entities that have many varied plans in many jurisdictions.
BC204 The disclosure amendments made in 2011 related to:
(a) disclosure objectives (paragraphs BC212-BC214).
(b) the characteristics of the defined benefit plan and amounts in the financial statements (paragraphs BC215-BC228).
(c) the amount, timing and uncertainty of the entity's future cash flows (paragraphs BC229-BC243).
(d) multi‑employer defined benefit
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