The 5 Components of Pension Expense (for a defined-benefit plan)

Рет қаралды 73,279

Күн бұрын

This video explains the components of pension expense for a defined-benefit plan:
(1) Service Cost
(2) Interest Cost
(3) Expected Return on Plan Assets
(4) Amortization of Gains or Losses (corridor amortization)
(5) Amortization of Prior Service Cost
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Пікірлер: 24

@houshangy 5 жыл бұрын

absolutely a superior teaching. in 7 min. I learned more than a week in class!

@APEINVESTMENT 5 жыл бұрын

your videos just saved me tons of time and energy. Thank you!!!

@bouchrachahid2259 4 жыл бұрын

I agree with Houshangy, I learned more from your videos than from my professor of Accounting of this year. Thank You, Thank You, Thank You.....

@josephhaines141 4 жыл бұрын

I work for DB plans as an actuarial analyst and this was very good overview. Great job

@ntyrkind 8 жыл бұрын

I found this helpful. Thank you!

@Keykers1 6 жыл бұрын

Thank you so much for the videos!

@tarekmaalouly4736 4 жыл бұрын

Very helpful ! Thank you !

@musarra195 5 жыл бұрын

Awesome

@kindra9899 5 жыл бұрын

Do you have a video explaining the pension worksheet and how to fill it out?

@pprocon 5 жыл бұрын

Great material. Clear delivery. It would be better if you note US GAAP somewhere because IFRS is completely different.

@yussufhussein9558 4 жыл бұрын

in the U.S., you are to assume US GAAP, unless told differently.

@marksmith4512 4 жыл бұрын

If I wanted to lean the technical actuarial method of a PBO where can I find this information?

@crazycarlsju 8 жыл бұрын

I thought the only time a gain/loss was recognized was when the *accumulated* OCI exceeded the corridor floor/ceiling?

@Edspira 8 жыл бұрын

+crazycarlsju I mention the corridor at 4:26

@lelesmath1 5 жыл бұрын

Do you have a video explaining the pensioN CURRENT SERVICE?

@Edspira 5 жыл бұрын

I do not have a video on this topic yet. This is a good suggestion. Thanks!

@xaviercervantes5911 7 жыл бұрын

Is this an IFRS/IAS rule as of now, or is this from another framework? thanks!

@joeblack6661 6 жыл бұрын

US-GAAP

@musarra195 6 жыл бұрын

If the plan is frozen, then there should be zero service cost correct ?

@Edspira 6 жыл бұрын

Paul, I'm not sure about this question. I don't know enough about frozen plans. Hopefully someone will step in and answer this. Thanks for watching the video!