Course Description
Course publication/revision date: This course was updated on 9/9/2024.
A business may provide its employees with various benefit plans after they have retired, of which the most common is the pension plan. The accounting for these benefits can appear arcane, especially when a defined benefit plan is involved. In Accounting for Retirement Benefits, we describe the key elements of both defined benefit and defined contribution plans, and how to account for them. The course also identifies the complete range of disclosures associated with pension plans, which can be quite extensive. In short, Accounting for Retirement Benefits provides the accountant with a solid understanding of the fundamental issues associated with retirement benefits.
