Search results
Results From The WOW.Com Content Network
IAS 19 is an international accounting standard that explains how to account for wages, pensions, life insurance and other perquisites. It covers topics such as actuarial valuation, funding, assumptions, surplus, settlement and curtailment of employee benefit plans.
Learn about the concept, definition, and types of accumulated other comprehensive income (AOCI), a subsection of equity that encompasses certain gains and losses not recognized in the income statement. Find out how AOCI is presented in the balance sheet and the statement of comprehensive income, and how it can be reclassified to profit or loss.
Learn about the history, types, and funding of public sector pensions in the U.S. at the federal, state, and local levels. Compare the retirement benefits and risks of different plans and systems across the country.
This web page provides a comprehensive list of the IFRSs and official interpretations, as set out by the IFRS Foundation. It includes the title, origin, effective date, withdrawal and supersession status of each standard, interpretation and practice statement.
401(k) vs. pension plan. Both 401(k) plans and pension plans offer workers income in retirement. But unlike pensions, which put the onus of saving for retirement on the employer, 401(k) plans ...
Employee benefits are non-wage compensation provided to employees in addition to their normal wages or salaries. They can be mandated by regulation or discretionary, and include housing, insurance, retirement, tuition, leave, and other benefits.
Learn about the history, adoption, and conceptual framework of IFRS, the global accounting standards issued by the IFRS Foundation and the IASB. Compare IFRS with US GAAP and other national standards, and see the profiles of IFRS use in 166 jurisdictions.
Learn about the features, benefits, and challenges of defined benefit pension plans, which are employer-sponsored retirement plans that promise a fixed benefit based on earnings, service, and age. Compare the differences between defined benefit and defined contribution plans, and the regulations and laws that govern them in the U.S.