Monday, January 17, 2011

Pension accounting

Pension accounting
discount rate
life expectancy
rate of compensation
expected return on plan assets
PBO (*1)-
ABO (*2)-

service cost
interest cost?(*3)
pension expense
plan assets-
funded status-
net income
retained earnings
Actuarial gain/lossgainloss

(*1) PBO: Pension (or Projected) Benefit Obligation
(*2) ABO: Accumulated Benefit Obligation
(*3) Interest cost cannot be determined without more information.

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