Reported pension expense vs Total pension expense

[Rasec]

while doing a EOC in schweser I saw these two terms:
Reported pension expense = Current service cost + Interest cost - expected return on plan assets
Total pension expense = Current service cost + Interest cost - actual return on plan assets
Are these simple US GAAP and IFRS definitions?? I dont get it.

 

[bbcman]

Rasec,
there are two components of the pension cost:
OCI and a PNL element.
reported pension expense –> is the one that appears on PNL. I see you’ve included expected return on plan assets, so it must be a GAAP company.
Total pension expense: OCI + PNL.
looking at schweser… the first question is asking for reported pension expense:
so we know that GAAP requires:
a) interest expense as measured by the discount rate x beginning liabilitity LESS expected return on beginning assets
b) current costs only.
So, we end up with 63 (current service cost) + 29 (interest) less 32.
Are they simple GAAP/IFRS definitions? not sure. But I know that depending on GAAP or IFRS, the number associated with these 2 terms (whatever you wanna call them) will change.
can you help me out with another question?

 

[Rasec]

bbcman wrote:
Rasec,
there are two components of the pension cost:
OCI and a PNL element.
reported pension expense –> is the one that appears on PNL. I see you’ve included expected return on plan assets, so it must be a GAAP company.
Total pension expense: OCI + PNL.
looking at schweser… the first question is asking for reported pension expense:
so we know that GAAP requires:
a) interest expense as measured by the discount rate x beginning liabilitity LESS expected return on beginning assets
b) current costs only.
So, we end up with 63 (current service cost) + 29 (interest) less 32.
Are they simple GAAP/IFRS definitions? not sure. But I know that depending on GAAP or IFRS, the number associated with these 2 terms (whatever you wanna call them) will change.
can you help me out with another question?

Thanks! how can i help u?

 

[bbcman]

its okay - i figured it all out.