Compose a 1500 words assignment on ias19 standard characteristics. Needs to be plagiarism free! The benefits for employees refer to all kinds of considerations that are given to the employees by the company for the services that are rendered to the company. The main aim of this standard is to account for the expenses for the employee benefits in the period that it was earned rather than in the period when it is paid or payable. This allows the finances to be in place and to ensure that the expenses are recorded in the actual period rather than in any other payable period.