Wiley Interpretation and Application of IFRS Standards

19 EMPLOYEE BENEFITS

• Introduction
• Definitions of Terms
• Background
  • Importance of Pension and Other Benefit Plan Accounting
  • Basic Objectives of Accounting for Pension and Other Benefit Plan Costs
    • Need for pension accounting rules
• Basic Principles Of IAS 19
  • Applicability: Pension plans
  • Applicability: Other employee benefit plans
  • Cost recognition distinguished from funding practices
• Post-Employment Benefit Plans
  • General discussion
  • Periodic measurement of cost for defined contribution plans
  • Periodic measurement of cost for defined benefit plans
  • Current service cost
  • Interest on the accrued benefit obligation
  • The expected return on plan assets
  • Actuarial gains and losses
  • Past service costs
  • Transition adjustment
• Employer’s Liability and Assets
• Minimum Funding Requirement
  • IFRIC 14: IAS 19—The Limit on a Defined Benefit Asset, Minimum Funding Requirements and Their Interaction
    • Economic benefit available as a refund
    • The economic benefit available as a contribution reduction
    • The effect of a minimum funding requirement on the economic benefit available as a reduction in future contributions
    • When a minimum funding requirement may give rise to a liability
• Other Pension Considerations
  • Multiple and Multi-Employer Plans
    • Business combinations
    • Contributions from employees or third parties
• Disclosures for Post-Employment Benefit Plans
• Examples of Financial Statement Disclosures
• Other Employee Benefits
  • Short-term employee benefits
  • Other post-retirement benefits
  • Other long-term ...