Instructor for this course
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International Accounting Standard (IAS) 19 and International Financial Reporting In­ter­pre­ta­tions Committee (IFRIC) 14 provide guidance for accounting and reporting for employee benefits provided under formal plans and agreements, but also informal practices that give rise to constructive obligations.  

This course addresses the most important considerations in accounting for short-term employee benefits (like paid absences), defined contribution plans, defined benefit plans, and other employee benefits.

Learning Objectives

  • Explore accounting for short-term obligations and post-employment benefits
  • Recognize differences in accounting for defined contribution plans and defined benefit plans
  • Explore the proper treatment of elements for defined benefit cost 
  • Discover how to handle special issues such as multi-employer plans, plan amendments, termination benefits, and more
Last updated/reviewed: August 17, 2018

Prerequisites

Course Complexity: Intermediate

No advanced preparation or prerequisites are required for this course.

Education Provider Information

Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Course Syllabus
INTRODUCTION AND OVERVIEW
  1:54Introduction to IFRS – Accounting for Employee Benefits per IAS 19 and IFRIC 14
  2:55Short-Term Employee Benefits
  2:54Post-Employment Benefits & Defined Contribution Plan
  6:19Defined Benefit Plan
  3:47Actuarial Valuation Method
  7:11Plan Assets & Insurance Policies
  4:14Defined Benefit Cost
  6:04Amendments, Curtailments, Settlements & Multi-Employer Plans
  2:59Termination Benefits
  9:33Examples and Conclusion
CONTINUOUS PLAY
  47:50IFRS – Accounting for Employee Benefits per IAS 19 and IFRIC 14
SUPPORTING MATERIALS
  PDFSlides: IFRS – Accounting for Employee Benefits per IAS 19 and IFRIC 14
  PDFIFRS – Accounting for Employee Benefits per IAS 19 and IFRIC 14 Glossary/Index
REVIEW AND TEST
  quizREVIEW QUESTIONS
 examFINAL EXAM