Accounting for Pensions and Post-Retirement Benefits

Course Description:

This course will help you sort through the major types of pension plans and understand specific terminology related to these plans. This course also presents reporting by a trustee for the plan, including the requirements surrounding pension plan financial statements.   

Learning Objectives:

Upon successful completion of this course, participants will be able to:

• Explain the reasoning behind FASB’s and IFRS’s pension accounting requirements, and define pension plan terminology
• Illustrate pension accounting for a defined-benefit plan
• Demonstrate reporting requirements for pension plans
• Explain accounting for pension plan settlements, curtailments, and terminations