Accounting for Pensions and Postretirement Benefits (APDP)

Customer Rating
Field of Study
Accounting
Level
Credits
7
Qualifies For
CPE



Price:  $ 119.99

In 2021, the Congressional Research Service reported that over 70% of all U.S. workers have access to employer-sponsored pensions. The need to properly administer and account for pension funds is critical. There are very specific requirements for pension accounting and postretirement benefits. ASC 715 provides guidance on financial reporting for employers who offer pension benefits to their employees. ASC 960 and ASC 962 address the plan accounting standards for defined benefit plans and defined contribution plans respectively. This course is designed to help you navigate the complexities of these standards.

Additional information

year

2024

version

01

Credits

7

Company Code

Self Study

Format

On Demand

Yellow Book Approved
CFP Approved
IRS Approved
CTEC Approved
Field of Study Credits
Field of Study Department
CPE Approved

1

Pre-requistes:

None

Major Topics:

  • Measurement of plan assets
  • Measurement of cost and obligations
  • Modifications to pension plans
  • Recognition of liabilities and assets
  • Considerations for postretirement benefits

Learning Objectives:

  • Identify the key provisions of federal pension laws
  • Distinguish between defined benefit and defined contribution plans
  • Recognize various measures of pension obligations
  • Recognize the reporting requirements for the employer and pension plans

Designed For:

Professionals who want to know about pension accounting and postretirement benefits