Accounting
for Employer Pension Costs
- What is a pension plan?
- Wht type(s) of pension plan(s) are
covered under
FAS No. 158?
- Differentiate between the accumulated
benefit
obligation and the projected benefit obligation.
- What are the components of periodic
pension
expense?
- Define the service cost compent of
periodic
pension expense.
- Define prior service cost. How is
prior service
cost included in pension expense?
- How are gains and losses on related to
the pension
plan recognized?
- What components are pension expense
could be
negative; that is, reduce pension expense for the period?
- When accounting for pension expense,
how should
any difference between net periodic pension expense and the payment
into
the pension fund be reported?
- What was the major change brought
about by FAS No. 158 vs. FAS no. 87?
- Does FAS No. 158 change
the manner is which the periodic pension expense is calculated?
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