Accounting for Pensions & Other Employee Benefits
A 3-day intermediate training course with comprehensive coverage of the complexities of accounting and financial components of pensions and other long-term employee benefits, featuring:
Evaluating and using measurement methodologies that are used in determining pension obligations
Exploring and examining financial management considerations for funding plans
Managing the components of pension cost and understanding their impact on the financial statements
Detailed analysis of the disclosure requirements for pensions and other-long term employee benefits
Understanding the accounting and financial implications of changes in pension plans and other long-term employee benefits
Interactive case studies on the measurement of employee benefit obligations
Interactive case studies on accounting for employee benefit obligations
IAS 19: Employee Benefits and Public Sector Accounting Standard 25: Employee Benefits.
Who Should Attend
The course will be of value to professionals in the following areas:
Public/Chartered Accountants
Accountants in Industry with Pension Plans
Pension Accountants
Treasury Management Personnel
Financial Managers
Controllers
Accounting Managers
Accounting and Finance Personnel whose responsibilities include external financial reporting
Financial and Business Analysts
Course Level
The course is designed for public/private accountants as well as finance professionals who have responsibilities for pension and other long-term employee benefits accounting or funding. Attendees should have a familiarity with present value financial concepts as well as financial statement knowledge of the accounts affected by accounting for long-term liabilities
Outline Materi
Types of Pension plans
Defined contribution plans
Defined benefit plans
Accounting for defined benefit plans
Overview of accounting for pensions and other longterm employee obligations
Measurement of pension liability
Computing the present value of future benefits
Economic considerations
Demographic considerations
Employee profiles
Computing the actuarial liability
Computing the present value of future “normal” costs
Measurement models used to compute pension obligations
Detailed case study on applying measurement methodologies to determine benefit obligations.
Funding side of pensions and other employee benefits
Allocating pension costs over the relevant funding periods
Determinants of funding needed
Normal cost
Unfunded actuarial liability
Actuarial value of assets
Full vs. Partial funding
Recognition of net funded status
Mini-case on determining funded status of plans
Pension cost components
Service costs
Interest costs
Actual return on plan assets
Prior service costs
Mini-case on accounting for prior service costs
Actuarial gain of loss
Case on making a determination of, and the accounting for, actuarial gains and losses.
Comprehensive case study on accounting for pensions
Accounting for changes to benefit plans
Terminations
Mini-case on accounting for termination benefits
Settlements
Case study of accounting for settlements
Curtailment
Case study on accounting for curtailments
Financial statement reporting and disclosure
Best practices for footnote disclosure
Thorough examination of sample company disclosures for employee benefits
Other long-term employee benefits
Measurement of the liability
Economic considerations
Demographic considerations
Methodologies used to value other long-term benefit Obligations
Case study on computations to value other long-term employee benefits
Recognition of the net funded status
Case on accounting for other long-term benefit plan
Accounting for other long-term employee benefits
Service costs
Interest costs
Actual return on plan asset
Prior service cost
Actuarial gain or loss
Comprehensive case on accounting for other longterm employee benefits
Financial statement presentation and disclosure
Extended analysis of footnote disclosures by companies
Summary and review of material presented
Evaluation and examination of the “new” accounting for pension guidance including a comparison with existing guidance as well as an action plan for implementation
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Kami memberikan alternatif Fasilitas atas Investasi anda dalam Program ini, diantaranya :
- Sertifikat, Peralatan Training, USB, Souvenir, Lunch, Coffe Break, City Tour
- Running minimal 2 Orang (Semarang, Jogja, Solo), Running minimal 3 Orang (Bandung, Jakarta), Running 4 Orang diperuntukan untuk daerah (Bali, Lombok, Manado, Balikpapan)
- Kami menyediakan transportasi antar Jemput dari Stasiun/Bandara ke Tempat Pelatihan(Hotel) bagi perusahaan yang Running minim 2 Orang
- Harga dilampirkan di Brosur Penawaran
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Tambahan Informasi :
1. Silahkan tanyakan ketersediaan Tanggal dan Waktu dari jadwal training terbaru apabila anda tidak menemukan waktu yang sesuai dengan jadwal anda.
2. Training dapat disesuaikan dengan kebutuhan perusahaan jika dalam bentuk In-House Training. Silahkan baca ketentuan In-House Training diwebsite kami atau hubungi kami di Nomer Mobile untuk mendapatkan Fast Respon.
3. Silahkan mengisi Form Request Training di website kami untuk mendapatkan informasi tambahan yang belum ada, atau jika anda ingin menanyakan usulan materi sesuai kebutuhan perusahaan. Hubungi kami lewat email yang tertera atau Register disini!
4. Apabila telah menerima Silabus Training, Customer dapat Request Waktu Training yang diinginkan.
5. Informasi dan Data yang jelas akan memudahkan kami untuk segera merespon permintaan anda.
Customer Dapat Request Tempat, Waktu, serta Fasilitas Training. Silahkan Hubungi kami untuk Menerima Brosur Penawaran.
