Overview

Understand the employee benefits covered by IAS 19


 

Detailed Objectives

A) Pension plan classification

  • Understand the difference between defined benefit and defined contribution pension plans
  • Understand the classification of insured benefits, collective defined contribution plans and multi employer plans

 

B) Pension valuation

  • Understand the difference between the measurement of defined benefit and defined contribution pension plans
  • Understand the determination of the pension expense and the pension provision of defined benefit pension plans

 

C) Pension disclosures

  • Understand the required disclosures in the financial statements of defined contribution and defined benefit pension plans

 

D) Introduction to accounting of provisions

  • Understand when a provision is required to be booked
  • How to measure provisions