This course focuses on the recognition, measurement and subsequent accounting for various types of liabilities. The content includes: - Current liabilities and contingencies, such as accounts payable, accrued expenses, warranties, and pending litigation - Accounting for long-term debt, including the issuance, payment of interest, amortization, and extinguishment of debt instruments. - Lease accounting from the perspective of both the lessee and the lessor - Pension accounting, including the calculation of benefit obligations, plan assets, and net periodic benefit cost We will discuss the relevant accounting standards and principles used to measure and disclose these items in the financial statements. This course is the third course in the Financial Reporting Specialization offered by the University of Illinois at Urbana-Champaign.
Introduction to Employee Benefit Plans
Skills You'll Learn
Accrued Liabilities, Lease Accounting, Pension Accounting, Financial Accounting, General Accounting, Accounting, Finance
Reviews
4.7 (120 ratings)
- 5 stars79.16%
- 4 stars12.50%
- 3 stars5%
- 2 stars1.66%
- 1 star1.66%
BE
Jan 20, 2021
Adel Ibrahim is an excellent lecturer. This course is clear and presents technical information in full context, with excellent examples and supporting documentation.
KH
Jun 27, 2021
Prof. Adel Ibrahim .. his explaining was perfect and every video with example. it made the course very easy to understand it
From the lesson
Module 6: Pension Accounting Part 1
In this module, you will be introduced to accounting for pension benefits. We will explore the basic features of accounting for defined benefit plans, including benefit obligations, plan assets, and the components of net periodic benefit cost.
Taught By
Scott Mendoza
Instructor of Accountancy