A former international accounting standard, IAS19, set a limit on the amount of pensions surplus that could be included on a company's balance sheet to that amount that could be reasonably returned (eg by way of actual return, or future contribution holidays). This was usually less than the full value (unlike any deficit, which always kept its full value). In practice accountants found it hard to value the amount. From January 2008, the IFRC 14 standard applied (covering quoted companies) which allows a higher amount to be shown where there is an unconditional right to return of surplus. Lawyers now need to be involved to work out what the rules are on return of surplus.