Pension Plan Accounting Essay by The Research Group

Pension Plan Accounting
Auditing regulations covering development & administration of plans in accordance with reporting rules, tax laws, income statements, balance sheets and footnote disclosures.
# 20666 | 2,475 words | 6 sources | 1993 | US
Published on Feb 27, 2003 in Accounting (Financial) , Accounting (General)


$19.95 Buy and instantly download this paper now

From the Paper:

"Pension plans are one of the most popular benefits a company can offer to its employees. By helping long-term employees plan for retirement and reducing the reliance on Social Security, pension plans benefit both the employee, through the future payments after retirement, and the company, by encouraging long-term employee tenure. Because pension plans are considered employee benefits, some employees will accept lower salaries when a pension plan is included as part of the compensation package. Pension plans represent the largest institutional investors in the securities markets, and control billions of dollars in the economy. Even small, one person companies use pension plans to help their owners shelter money from taxes and defer those taxes until retirement. Because pension plans are an integral part of the business environment, accounting and auditing procedures are also.."

Cite this Essay:

APA Format

Pension Plan Accounting (2003, February 27) Retrieved November 18, 2019, from https://www.academon.com/essay/pension-plan-accounting-20666/

MLA Format

"Pension Plan Accounting" 27 February 2003. Web. 18 November. 2019. <https://www.academon.com/essay/pension-plan-accounting-20666/>

Comments