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Wiley GAAP 2013: Interpretation and Application of Generally Accepted Accounting Principles by Joanne M. Flood

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CHAPTER 25

COMPENSATION—RETIREMENT BENEFITS

Perspective and Issues

Definitions of Terms

Concepts, Rules, and Examples

Net Periodic Pension Cost

Service costs

Interest on PBO

Benefits paid

Actual return on plan assets

Gain or loss

Amortization of unrecognized prior service cost

Amortization of unrecognized amount at date of initial ASC 715-30 application

Summary of net periodic pension cost

Reconciliation of Beginning and Ending ABO, PBO, and Plan Assets

Plan assets

Employer’s Liabilities and Assets under ASC 715-30

Additional ASC 715-30 Guidance

Reporting Funded Status: Requirements under ASC 715

Display of funded status

Reporting when there are multiple plans

Reporting of benefit plan transactions and events in comprehensive income

Reporting loans to participants by defined contribution pension plans

Measurement date for year-end financial statements

Measurement date for interim financial statements

ASC 715 transition considerations

Disclosure Requirements

Interim Financial Reporting Requirements

Reporting and Disclosure by Not-for-Profit Entities

Other Pension Considerations

Annuity and insurance contracts

Defined contribution plans

Multiemployer pension plans

Non-US pension arrangements

Business combinations

Settlements and Curtailments of Plans

Settlements

Curtailments

Termination benefits

Component disposal

Postretirement Benefits other than Pensions

Accounting for postretirement benefits

Effect of the prescription drug benefit on OPEB computations

Other Postemployment Benefits ...

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