Learning outcomes

What will you learn?

The scope and purpose of IAS 26 in retirement benefit plan reporting.

Distinction between defined contribution plans and defined benefit plans.

How to prepare and interpret financial statements of retirement benefit plans.

Key concepts such as net assets available for benefits, actuarial present value of promised retirement benefits, and vested versus non-vested benefits.

Disclosure requirements and the role of actuarial assumptions in plan reporting.

Practical examples of how IAS 26 ensures transparency and accountability for participants.

Participants

Who is this course designed for?

Accountants and finance professionals engaged in pension and retirement plan reporting.

Auditors analyzing retirement benefit plan statements for compliance with IAS 26.

CFOs, financial controllers, and managers overseeing employee benefit obligations.

Consultants and advisors supporting clients in applying international standards to retirement plans.

Pre-requisites

Necessary Qualifications

A background in accounting, finance, or business administration.

Basic understanding of financial reporting principles.

Experience in audit or financial reporting is helpful but not mandatory.

Familiarity with IAS 19 Employee Benefits is beneficial.

Course Content

What will you study?

Scope and objectives of IAS 26

Definitions of retirement benefit plans and key concepts

Financial reporting requirements for defined contribution plans

Financial reporting requirements for defined benefit plans

Actuarial valuation and disclosure practices

Valuation of plan assets and funding policies

Transparency and disclosure in retirement benefit plans