Employee Benefits: Pension Assets and IAS 19

In this article, we’ll take a quick look over pension assets for under IAS 19 Employee Benefits.

When a company contributes money into a pension fund, the money is invested in shares, bonds and other investments. These are the plan’s assets.

Read more

Four Things About Employee Benefits You Should Know for IAS 19

What you need to know for IAS 19 Employee Benefits

  1. Accounting treatment of short term and long term employee benefits
  2. Accounting treatment of pension plans (defined contribution and defined benefit)
  3. How to account for gains and losses on settlements and curtailments
  4. How to account for the “Asset Ceiling” test and the reporting of actuarial gains and losses.

Read more