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Article
Pension Accounting and Reporting with Other Comprehensive Income and Deferred Taxes: A Worksheet Approach
American Journal of Business Education
  • Robert E. Jackson, Georgia Southern University
  • L. Dwight Sneathen, Georgia Southern University
  • Timothy R. Veal, Nichols, Cauley, & Associates
Document Type
Article
Publication Date
10-30-2012
DOI
10.19030/ajbe.v5i6.7400
Disciplines
Abstract

This instructional tool presents pension accounting using a worksheet approach where debits equal credits for both the employer and for the plan. Transactions associated with the initiation of the plan through the end of the second year of the plan are presented, including their impact on accumulated other comprehensive income and deferred taxes. This article is intended as a supplemental teaching tool that demonstrates the impact of a plans funded status on the employers financial statements in a way that, based upon anecdotal evidence, accounting students and practitioners have found extremely beneficial beyond traditional accounting textbooks.

Comments

CC-BY 3.0 US. Article obtained from the American Journal of Business Education.

Citation Information
Robert E. Jackson, L. Dwight Sneathen and Timothy R. Veal. "Pension Accounting and Reporting with Other Comprehensive Income and Deferred Taxes: A Worksheet Approach" American Journal of Business Education Vol. 5 Iss. 6 (2012) p. 771 - 778 ISSN: 1942-2512
Available at: http://works.bepress.com/l-sneathen/2/