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DET367 – Accounting for Pensions and Post Retirement Benefits

Course and Test $  115.00
Course and Test PDF $  90.00
Additional Hard Copy Test $  21.00
Additional Online Test $  21.00


SKU: DET367 Category:

NASBA Color logo-1 inch

CPE Credit Hours: 7

Field of Study: Accounting

Publication date: September 2022


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 CompensationRetirement Benefits provides guidance on financial reporting for employers who offer pension benefits to their employees. ASC 960 Plan AccountingDefined Benefit Pension Plans and ASC 962 Plan AccountingDefined Contribution Pension Plans address the plan accounting standards for defined benefit plans and defined contribution plans respectively. Those detailed calculations of pension cost and reporting requirements produce a complex accounting standard.

This course is designed to help you navigate the complexities of this standard. It begins with an overview of the pension system in the U.S., and addresses the significance of pension federal laws. It also provides current coverage of the requirements for accounting and reporting on pension plans and postretirement benefits.

More Information

This is a self-study CPE course.
Program level: Overview
Prerequisites: GAAP
Advanced Preparation: None Required
Minimum Final Examination Passing Grade: 70%
Maximum Time Allowed To Complete Program: One Year From Date Of Purchase