scholarly journals Employee benefits of corporate self-invested pension plans

2009 ◽  
Vol 14 (1) ◽  
pp. 28-35
Author(s):  
Philip Hutchinson
Keyword(s):  
Pension Plans ◽  
Employee Benefits

Historical and economic issues of pension provision for agricultural workers in the light of IFRS

2021 ◽  
pp. 16-26
Author(s):  
Rimma Veniaminovna Livanova ◽  
Yulia Aleksandrovna Myrksina
Keyword(s):  
Pension System ◽  
Pension Plans ◽  
Employee Benefits ◽  
Agricultural Workers ◽  
Historical Study ◽  
Insurance Premiums ◽  
Economic Issues

Comparative characteristics of the economic categories «Employee benefits», «pension plans», «Wages», «insurance premiums» are given. A historical study of the formation and development of the pension system in Russia and the issues of pension provision for agricultural workers has been conducted. Further prerequisites for this development are identified.

The Economic Consequences of Accounting Standards: Evidence from Risk-Taking in Pension Plans

2017 ◽  
Vol 93 (4) ◽  
pp. 23-51 ◽  
Author(s):  
Divya Anantharaman ◽  
Elizabeth C. Chuk
Keyword(s):  
Risk Taking ◽  
Control Sample ◽  
Accounting Standards ◽  
Pension Plans ◽  
Economic Consequences ◽  
Employee Benefits ◽  
Net Income ◽  
Pension Accounting ◽  
Accounting Model ◽  
Accounting Rules

ABSTRACT Experts have long conjectured that pension accounting rules, by which pension expense depends on a managerial estimate that is directly tied to the riskiness of plan assets (i.e., the expected rate of return, or ERR, on plan assets), encourage risk-taking with pension investments. The recent passage of IAS 19, Employee Benefits (Revised) (hereafter, IAS 19R) eliminates the ERR and replaces it with a managerial estimate unrelated to plan asset riskiness (the discount rate). We demonstrate that a sample of Canadian firms affected by IAS 19R reduces risk-taking in pension investments post-IAS 19R, compared to a control sample of U.S. firms unaffected by IAS 19R. Therefore, removing firms' ability to recognize immediately in net income the expected higher returns from risk-taking (via a higher ERR) reduces their propensity for that risk-taking—providing some of the first empirical evidence on the economic consequences of eliminating the ERR-based pension accounting model.

Besser Pharma: International Accounting for Pensions

2007 ◽  
Vol 22 (4) ◽  
pp. 563-578 ◽  
Author(s):  
K. Michael Geary ◽  
Donna L. Street
Keyword(s):  
Accounting Standards ◽  
Pension Plans ◽  
International Perspective ◽  
Employee Benefits ◽  
Financial Statement ◽  
Accounting Students ◽  
International Accounting ◽  
Pension Accounting ◽  
Accounting Standard ◽  
International Accounting Standard

The purpose of the Besser Pharma case is to bring an international perspective to the coverage of pension accounting. Students are required to read U.S. and international pension accounting standards, complete financial statement research on the pension plans of Besser's competitors, and answer, in a memo to Besser Pharma's CFO, a series of questions about alternative accounting approaches permitted by International Accounting Standard No. 19, Employee Benefits.

WAYS TO IMPROVE INTERNAL AUDIT OF PAYMENTS TO EMPLOYEES

2017 ◽  
Author(s):  
Natalia Ivanova ◽  
◽  
Svitlana Mykhailovyna ◽  
Olena Matros ◽  
◽  
...  
Keyword(s):  
Labor Productivity ◽  
Information Technologies ◽  
Internal Audit ◽  
Employee Benefits ◽  
Actual State ◽  
High Quality ◽  
Employee Benefit ◽  
Productivity Indicators ◽  
State Of Affairs ◽  
Practical Recommendations

There is no doubt that the issues of improving the methodological foundations of internal audit of payments to employees in the context of increased competition in all areas of business, the introduction of modern information technologies in the accounting process are relevant. Salaries are not only a source that ensures the life of employees, but their growth affects the increase in labor productivity and profit of the enterprise. Internal audit allows to ensure high-quality accounting of payments to employees, which is important in determining labor productivity indicators and ways to improve it. The purpose of the article is to substantiate the theoretical and methodological basis with the development of practical recommendations for improving the methodology of internal audit of employee benefits in order to improve the detailed audit content. It has been established that in order to ensure the correct and high-quality organization of internal audit, it is advisable to provide for the establishment of the internal audit service as a separate subdivision, providing the necessary number of accountants and auditors in the staff. The methodology of the internal audit of payroll has been improved in order to provide a detailed explanation of the content of the audit. The main objects of the internal audit of employee benefit calculations have been singled out. The sequence of the employee benefit calculations audit was determined. The internal auditor's working documents were formed: A statement of selective verification of vacation pay accrual and a Statement of violations revealed during the audit of employee benefit calculations. Using new changes and suggestions will allow the company’s internal audit service to cover all aspects of accounting and reporting on employee benefits. Preparation results of the internal audit of payments to employees in the form of proposed working documents will ensure that the results of the audit correspond to the actual state of Affairs at the enterprise and ensure the availability of information during the next audit. Prospects for further research should be carried out in the direction of developing a regulatory framework for internal audit, taking into account industry specifics affecting the economic activity of the enterprise.

Federal public finance accounting standard “Employee Payments”

2020 ◽  
pp. 5-10
Author(s):  
Olga Shinkareva
Keyword(s):  
Public Finance ◽  
Public Sector ◽  
Financial Reporting ◽  
Financial Statements ◽  
Employee Benefits ◽  
Reporting Standard ◽  
Accounting Standard ◽  
Disclosure Of Information

The article is devoted to the analysis of the Federal Accounting Standard of Public Finance “Payments to Personnel”, which will be applied in the conduct of accounting and reporting from January 1, 2021, including medical state and municipal institutions. The article considers the main provisions of this standard — peculiarities of recognition and evaluation of objects of personnel benefits accounting, termination of their recognition, as well as disclosure of information on objects of personnel benefits accounting in accounting financial statements. This standard is compared with the International Public Sector Financial Reporting Standard 39 “Employee Benefits”

Optimal ALM strategies for defined benefit pension plans

2000 ◽  
Vol 2 (2) ◽  
pp. 47-69 ◽  
Author(s):  
Arun Muralidhar ◽  
Ronald van der Wouden
Keyword(s):  
Pension Plans ◽  
Defined Benefit ◽  
Defined Benefit Pension Plans
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