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Projected Benefit Obligation vs Accumulated Benefit Obligation vs Vested Benefit Obligation

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Edspira

Edspira

8 жыл бұрын

This video shows the differences between the vested benefit obligation, accumulated benefit obligation, and projected benefit obligation in pension accounting. The vested benefit obligation is the smallest because it only accounts for vested benefits at current salary levels. The accumulated benefit obligation accounts for both vested and non-vested benefits at current salary levels. The projected benefit obligation is the largest amount of these three because it accounts for both vested and non-vested benefits at future salary levels.
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Пікірлер: 18
@LeslieTzy
@LeslieTzy 8 жыл бұрын
This stuff u got here SMOKES any textbook out there
@Edspira
@Edspira 8 жыл бұрын
Thank you!
@shahinsalehi
@shahinsalehi 8 жыл бұрын
Perfect, short explanation... TNX
@musarra195
@musarra195 6 жыл бұрын
Great stuff. Thank you
@sallybrenton1117
@sallybrenton1117 8 жыл бұрын
This whole series was great... i was using a cpa review course and when i got to the practice problems i was still confused. going over this whole thing really cleared things up and now i really understand it. Plus they were all really short, and using 2X speed on youtube makes it even faster!!!
@Edspira
@Edspira 7 жыл бұрын
I'm glad you are finding these videos useful for CPA review. I'm currently working on more CPA review playlists, so keep an eye on the channel. Best of luck!
@eyemoksha
@eyemoksha 6 жыл бұрын
Thank You for making it clear
@Edspira
@Edspira 6 жыл бұрын
No problem!
@124952024
@124952024 4 жыл бұрын
You the man!
@payalpayal9154
@payalpayal9154 4 жыл бұрын
what is pre vest and post vest, how will the enries in pnl and balace sheet? thank you for video
@luckiest18
@luckiest18 5 жыл бұрын
hello... and what are the calculations for these 3? thank you
@HarunRashid-ty3oq
@HarunRashid-ty3oq 3 жыл бұрын
Perfect explanation. Loved it.
@Edspira
@Edspira 3 жыл бұрын
Glad you liked it!
@joeblack6661
@joeblack6661 6 жыл бұрын
which amount is recognized on the balance sheet?? pbo minus plan assets?
@Edspira
@Edspira 6 жыл бұрын
PBO's can actually be quite complicated, so I created an additional video on PBO's: kzfaq.info/get/bejne/rb5_hbynnqmdgZ8.html This video shows how the value of a PBO is calculated. Great question!
@joeblack6661
@joeblack6661 6 жыл бұрын
but there are no other corrections, just end of year pbo minus end of year plan assets right?
@Edspira
@Edspira 6 жыл бұрын
This is correct. If the PBO is higher than the FV of the plan assets, then you'd have a pension liability on the Balance Sheet. If the FV of the plan assets is higher than the PBO, then you'd have a pension asset.
@joeblack6661
@joeblack6661 6 жыл бұрын
Edspira okay,thanks alot
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