Updated in 2019, this course will assist you in determining the accounting treatment for benefits.
Overview
Updated in 2019, this course will assist you in determining the accounting treatment for benefits, whether your organisation currently provides ‘simple’ employee benefits or more complex schemes. It will also help you consider if other benefits would be appropriate for your organisation.
This course examines elements of the following Accounting Standards:
- IAS 19 Employee Benefits – which covers benefits paid to employees (excluding share-based payment arrangements).
- IAS 24 Related Party Disclosures – which covers disclosure of remuneration of certain employees and directors.
Key topics:
- Employee benefits
- Short-term employee benefits
- Long-term employee benefits
- Example of accounting for long-term employee benefits
- Post-employment benefits
- Key management personnel disclosures – IAS 24
Note: this course does not cover:
- Non-KMP disclosure requirements included in IAS 24
- Specific jurisdictional requirements
This course consists of one interactive online course, one downloadable PDF learning manual and one online assessment.
Objectives
- Calculate the appropriate accounting entries for employee benefits.
- Prepare the relevant disclosures for employee remuneration in general purpose financial statements.
Audience
This course is specifically designed for finance professionals who are involved in external reporting, audit, financial management and financial accounting.