Accounting for Employee Benefits (AASB 119/NZ IAS 19/IAS 19)

The accounting for employee benefits governed by IAS-19 is complex and can be challenging at times. The use of actuarial assumptions and fair values coupled with long term nature of many employee benefits plans complicates this further. Want to understand the critical requirements of IAS -19, Employee Benefits? Attend this 1-hour webinar, where Sagar will share his insights on:

• Applicability of IAS-19 and its scope
• Types of employee benefits covered by IAS-19
• Key features of defined benefit and defined contribution plans
• Accounting for defined benefit plans
• Accounting for defined contribution plans
• Common errors while accounting for employee benefits

Learning Outcomes

Upon satisfactory completion of this activity, you will be able to:

• Outline the applicability and scope of IAS-19 in relation to accounting for employee benefits.
• Describe and identify short term and long-term employee benefits, termination benefits, defined contribution, and defined benefits schemes.
• Explain the accounting and measurement requirements for defined benefit and defined contribution plans as set out in IAS 19.
• Explain the common errors while accounting for employee benefits.

Benefits

Benefit from the practical insights while accounting for Employee Benefits. Sagar will show you how to address the challenging issues while complying with IAS 19 requirements.