ACC 563 WEEK 9 ASSIGNMENT 3 STRAYER LATEST To purchase this visit following link: https://coursehomework.com/product/acc-563-week-9-assignment-3-strayer-latest/ Contact us at: HELP@APEXSEEKERS.COM ACC 563 WEEK 9 ASSIGNMENT 3 STRAYER LATEST Assignment 3: Accounting for Pensions and other Post-Retirement Benefits Due Week 9 and worth 150 points Using the Internet or Strayer databases, go to the FASB Website, located at http://www.fasb.org, and other resources to research the Disclosure of Postretirement Health Care and Life Insurance Benefits. Write a four to six (4-6) page paper in which you: 1. Based on your research, compare and contrast the early historical accounting for Postretirement Health Care and Life Insurance Benefits …show more content…
• Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required page length. The specific course learning outcomes associated with this assignment are: • Analyze the key elements related to accounting for leases, pension funds, and other post- retirement benefits. • Use technology and information resources to research issues in tax research and planning. • Write clearly and concisely about tax research and planning using proper writing mechanics. Course Home Work aims to provide quality study notes and tutorials to the students of ACC 563 Week 9 Assignment 3 Strayer Latest in order to ace their studies. ACC 563 WEEK 9 ASSIGNMENT 3 STRAYER LATEST To purchase this visit following link: https://coursehomework.com/product/acc-563-week-9-assignment-3-strayer-latest/ Contact us at: HELP@APEXSEEKERS.COM ACC 563 WEEK 9 ASSIGNMENT 3 STRAYER LATEST Assignment 3: Accounting for Pensions and other Post-Retirement Benefits Due Week 9 and worth 150 points Using the Internet or Strayer databases, go to the FASB Website, located at http://www.fasb.org, and other resources to research the Disclosure of Postretirement Health Care and Life Insurance Benefits. Write a four to six (4-6) page paper in which you: 1. Based on your research, compare and contrast the early historical accounting for
This article reviews the changes in policies and procedures over a 40 year period, regarding state and federal changes in health care. The article describes changes in
b. Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page is not included in the required page length.
The pension fund has a great deficit when comparing assets and liabilities. The total number of tax delinquencies has nearly tripled compared with prior years. According to the Schedule of Funding Progress (Sch. Of FP,) the county has outstanding pension liability of $762,335,239[iv]. These pension
The Early Historical Accounting for Postretirement Health Care and Life Insurance Benefits and the Guidance or Rules in Place Today
GAASB is proposing some major improvements to the reporting of pension plans. (GASB Proposes Major Improvements for Pension Reporting, 2011). Immediate recognition of more components of pension expense will be required, including the effect on the pension liability of changes in benefit terms, rather than deferred and amortization over as many as 30 years. Use of a discount rate will be required that applies the expected long term rate of return on pension plan investments where pension assets are expected to be available to make projected benefit payments and the interest rate on a tax exempt 30 year AA or higher rated municipal bond index to projected benefit payments where plan assets are not expected to be available for long term investment in a qualified trust. A single actuarial cost allocation method, the entry age normal, will be required. Governments participating in cost sharing multiple employer plans will be required to record a liability equal to their proportionate share of any net pension liability for the cost sharing plan as a whole. Governments in all types of covered pension plans will be required to present more extensive note disclosures and required supplementary information.
Course Home Work aims to provide quality study notes and tutorials to the students of ACC 563 Week 6 Assignment 2 Strayer Latest in order to ace their studies.
Review the Medicare coverage for Home Health. What are the typical services covered and not covered?
Other post-retirement benefits (OPEB) are considered a non-cash payment benefit that includes health, dental, vision care, legal service, and tuition reimbursement. They are paid out during the retirees retirement years. Other post-retirement benefits are similar to defined benefit pension plans in that they are required to accrue the cost over the employee’s working lives. The differences in OPEBs are: the potential cash expense depends on the employees’ amount of service; employees do not accumulate additional benefits with each year of service; and OPEBs do not vest (Schroeder, Clark, & Cathey, 2005).
Different organizations offer various types of insurance programs. These insurance programs are usually contained in the organizations compensation and benefits package. Not all organizations offer the same insurance programs, but there are those programs that are more common in many organizations. Some of the most common programs that you will find in an organizations compensation and benefits package include universal whole life insurance, term life insurance, accident death and dismemberment and the long and short term disability insurance. To help you gain more understanding about these different programs here are some crucial information about them and their advantages.
I found the history of Blue Cross and Blue Shield in the U.S. very important
I will need to know the name of your current carrier, current limits of insurance and how long you have been with them.
• Accounting statements do not focus on cash flows, nor do they report market values.
The purpose of this paper is to acknowledge and discuss the various types of postretirement benefits. The pension plan is the most well known type of postretirement benefit plan but it is not the only one. This paper addresses the other types of benefit plans and identifies some of the major similarities and differences between these plans and the pension plan. The paper also goes in-depth on the Financial Accounting Standards Board statement about postretirement benefits other than pensions. Although this statement was released 25 years ago, the rules and regulations put forth still hold relevance today. The research conducted to write this paper was done with references from two major sources. The first source is the 6th edition
I have conducted a background research to help me get the topic of health care. Hence, I have looked for information about my topic in peer-reviewed articles, books, journal article and the internet resources. On the other hand, I have accessed these resources from a widely accepted research catalogue such as EBSCO. This has provided a comprehensive research topic that reflects my topic. Thus, they have provided a great overview as a result of enhanced ideas that broadens my topic for a research paper (California State University, 2011, pp. 1-2).
"Five social insurances" included endowment insurance, medical insurance, unemployment insurance, employment injury insurance and maternity insurance . "One f und" is referred to h ousing p rovident f und. Endowment,