CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS
Self-Study

Accounting for Retirement Benefits

1 Credits: Accounting

$29.00$49.00

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Accounting for Retirement Benefits

Format
Self-Study
Course Level
Overview
CPE Credits

1 Credits: Accounting

Course Description

The ‘Accounting for Retirement Benefits’ self-study CPE course offers a deep dive into the critical task of managing the accounting aspects of employee retirement plans. This course stands out by providing an in-depth understanding of both defined benefit and defined contribution plans, crucial for accountants in today’s business environment. Participants will benefit from learning to recognize the components of net periodic pension cost and understanding the calculation of the return on plan assets. The self-study CPE course also covers the criteria used to calculate interest on the projected benefit obligation, a key aspect of pension plan accounting. Additionally, it provides insights into the accounting for defined contribution retirement plans and the various types of retirement-related disclosures required for public and private companies. By understanding these complex components, participants will be well-equipped to manage the accounting for retirement benefits accurately, ensuring compliance and enhancing their professional capabilities in handling these essential employee benefit plans.

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Learning Objectives

Upon successful completion of this course, participants will be able to:

  • Recognize the components of net periodic pension cost.
  • Describe the calculation of the return on plan assets.
  • Recognize the criteria used to calculate interest on the projected benefit obligation.
  • Specify the accounting for defined contribution retirement plans.
  • Recognize the different types of retirement-related disclosures required for public and private companies.
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Course Specifics

Course ID
SS124366794
Revision Date
January 17, 2024
Prerequisites

There are no prerequisites.

Advanced Preparation

None

Number of Pages
33

Compliance Information

NASBA Provider Number: 103220

CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)

CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.

Meet The Experts

Steven M. Bragg, CPA, is a full-time book and course author who has written more than 300 business books and courses. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast. Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and …