Accounting for Pension Funds-養(yǎng)老保險(xiǎn)基金優(yōu)秀畢業(yè)會(huì)計(jì)dissertation-會(huì)計(jì)與保險(xiǎn)基金dissertation定制
養(yǎng)老保險(xiǎn)基金優(yōu)秀畢業(yè)會(huì)計(jì)dissertation-會(huì)計(jì)與保險(xiǎn)基金dissertation定制
Accounting for Pension Funds
Financial reporting and case study of a defined benefit plan
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CONTENTS
Introduction to Pension Plans
The Defined Benefits Plan
Accounting for defined benefit plans
Financial reporting guidelines of such plans
Areas for concern in the chosen Case Study
Recommendations
Questions
INTRODUCTION
Pension Funds make up Huge Long Term Liabilities
Funding is not shown in the Balance Sheet – ‘off balance sheet’
Reporting is essential
Even though accounting for pension funds is extremely complex, a basic understanding of the principles will help the individual appropriately analyse companies and the manner in which they manage the funds.
MAIN TYPES OF PENSION FUNDS
Defined Contribution Plan - Company may make contributions to the plan but no promises on the value of the future benefit to the employee
Defined Benefit Plan - Employee is aware of the terms of the benefits that he/she will receive at retirement. Company is responsible for investing in a fund that will meet promised benefit upon retirement of employee
Factors taken into consideration for Defined Benefit Plans
Length of Service
Salary history at time of retirement
ACCOUNTING FOR DEFINED BENEFIT PLAN
Three main areas of complexity in accounting for a Defined Benefit Plan
First – Series of payments that have been promised far into the future
Second – Accrual Accounting is necessary
Third – Necessary to smooth the year to year fluctuations
ACCOUNTING FOR DEFINED BENEFIT PLAN
FAIR VALUE AT THE START OF THE YEAR
(+) Return on the Plan Assets
(+) Employer Contributions
(-) Benefits Paid
PROJECTED BENEFIT OBLIGATION AT THE START OF THE YEAR
(+) Service Cost
(+) Interest Cost
(+/-) Actuarial Gain/Loss
(+/-) Plan amendment Gain/Loss
(-) Benefits Paid
Figures follow
REFERENCES
Camfferman, K., & Zeff, S. A. (2007). Financial Reporting and Global Capital Markets: A History of the International Accounting Standards Committee, 1973-2000. New York: Oxford University Press.
Coronado, J. L., & Sharpe, S. A. (2003). Did Pension Plan Accounting Contribute to a Stock Market Bubble?. Brookings Papers on Economic Activity, (1), pp. 323 - 327.
Cullinan, C. P. (1997). Audit Pricing in the Pension Plan Audit Market. Accounting and Business Research, 27(2), pp. 91 - 101.#p#分頁(yè)標(biāo)題#e#
Fung, A., Hebb, T., & Rogers, J. (Eds.). (2001). Working Capital: The Power of Labor's Pensions. Ithaca, NY: Cornell University Press.
Gold, J. (2005). Accounting/actuarial Bias Enables Equity Investment by Defined Benefit Pension Plans. North American Actuarial Journal, 9(3), pp. 1 - 8.
James, M. L. (2008). The Effect of Changes in Accounting for Defined Benefit Pensions and Other Postretirement Benefit Plans on Companies' Financial Statements and Stakeholders. Journal of the International Academy for Case Studies, 14(2), pp. 51 - 57.
養(yǎng)老保險(xiǎn)基金優(yōu)秀畢業(yè)會(huì)計(jì)dissertation-會(huì)計(jì)與保險(xiǎn)基金dissertation定制
對(duì)養(yǎng)老保險(xiǎn)基金會(huì)計(jì)
財(cái)務(wù)報(bào)告和個(gè)案研究的一個(gè)界定利益計(jì)劃
幻燈片展示：
內(nèi)容
#p#分頁(yè)標(biāo)題#e#介紹了養(yǎng)老金計(jì)劃
界定福利計(jì)劃
會(huì)計(jì)界定福利計(jì)劃
財(cái)務(wù)報(bào)告準(zhǔn)則的計(jì)劃
為關(guān)注的領(lǐng)域中所選擇的個(gè)案研究
建議
#p#分頁(yè)標(biāo)題#e#問(wèn)題
簡(jiǎn)介
養(yǎng)老基金作出了巨大的長(zhǎng)期負(fù)債
資金沒(méi)有列在資產(chǎn)負(fù)債表–'表'
報(bào)告是必不可少的
盡管會(huì)計(jì)養(yǎng)老基金是極其復(fù)雜的，一個(gè)基本的了解的原則將幫助個(gè)人適當(dāng)分析公司和以何種方式管理基金。#p#分頁(yè)標(biāo)題#e#
主要類型的養(yǎng)老基金
界定供款計(jì)劃-公司可能作出貢獻(xiàn)的計(jì)劃，但沒(méi)有承諾的價(jià)值，未來(lái)受益的員工
界定利益計(jì)劃-員工知道這方面的好處，他/她會(huì)接受退休。公司負(fù)責(zé)投資基金會(huì)承諾在退休員工的利益
考慮因素界定福利計(jì)劃#p#分頁(yè)標(biāo)題#e#
服務(wù)時(shí)間
薪資歷史時(shí)退休
會(huì)計(jì)界定利益計(jì)劃
三個(gè)主要領(lǐng)域的復(fù)雜性會(huì)計(jì)界定福利計(jì)劃
第一–系列，已承諾在未來(lái)#p#分頁(yè)標(biāo)題#e#
二–權(quán)責(zé)發(fā)生制會(huì)計(jì)是必要的
第三–必要順利每年的波動(dòng)
會(huì)計(jì)界定利益計(jì)劃
公允價(jià)值在新一年的開(kāi)始
（#p#分頁(yè)標(biāo)題#e#+）的計(jì)劃資產(chǎn)回報(bào)
（+）雇主的貢獻(xiàn)
（-）已付福利
預(yù)計(jì)給付義務(wù)的一年的開(kāi)始
（#p#分頁(yè)標(biāo)題#e#+）服務(wù)成本
（+）的利息成本
（+/ -）精算收益/損失
（+/ -）計(jì)劃修改增益#p#分頁(yè)標(biāo)題#e#/損耗
（-）已付福利
數(shù)字跟隨
參考資料
