The extent to which the Social Security Institution in Jordan adheres to the requirements of International Accounting Standard No (19) for employee benefits

2021 ◽  
Vol 27 (3) ◽  
Keyword(s):  
Social Security ◽  
Employee Benefits ◽  
International Accounting ◽  
Accounting Standard ◽  
Security Institution ◽  
The Social ◽  
International Accounting Standard

scholarly journals De wijziging van IFRS inzake pensioenen en de invloed daarvan op de jaarrekening

2012 ◽  
Vol 86 (3) ◽  
pp. 491-512
Author(s):  
Coen Arnold ◽  
Gerard Van Santen
Keyword(s):  
Employee Benefits ◽  
International Accounting ◽  
Accounting Standard ◽  
Onderzoek Naar ◽  
In De Praktijk ◽  
International Accounting Standard

In deze bijdrage wordt verslag gedaan van een onderzoek naar (a) de stand van zaken ten aanzien van de verslaggeving van toegezegd-pensioenregelingen in de jaarrekening op onderwerpen waarop de nieuwe International Accounting Standard 19 Revised ‘Employee Benefits’ (IAS 19R) wijzigingen aanbrengt, en (b) de mogelijke gevolgen van deze wijzigingen in IAS 19R voor de verslaggeving van pensioenen in de jaarrekening. De nieuwe IAS 19R is verplicht voor boekjaren die aanvangen op of na 1 januari 2013. Het (cumulatief) effect van de overgang naar IAS 19R dient in het openingsvermogen van het vergelijkende boekjaar (1 januari 2012, oftewel eindstand 2011) te worden verwerkt. Voor een inschatting van de verwachte gevolgen van IAS 19R is (daarom) gebruik gemaakt van jaarrekeningen over het boekjaar 2011. Geconcludeerd wordt dat de grootste invloed van IAS 19R betreft het afschaffen van de ‘corridor’-methode en de veelal nadelige impact hiervan op het eigen vermogen. Dit is hiermee dan ook het grootste verschil tussen de grondslagkeuzes onder de huidige IAS 19. De tweede belangrijke invloed is de wijziging in berekening van de nettofinancieringskosten. Effectief betekent deze wijziging dat het verwachte rendement op fondsbeleggingen dient te worden gebaseerd op de voor de bepaling van de pensioenverplichtingen gehanteerde disconteringsvoet. Bij het merendeel van de ondernemingen heeft de wijziging in de basis van de nettofinancieringskosten een negatief effect op het operationele resultaat. Het effect op het operationele resultaat kan overigens gemitigeerd worden door de financiële componenten van de pensioenlasten onder de financiële baten en lasten te presenteren. In deze bijdrage wordt verder aandacht besteed aan enkele naar verwachting in de Nederlandse pensioencontext relevante wijzigingen in IAS 19R, zoals de toerekening van de werknemersbijdragen en het rekening houden met de limitering van werkgeversbijdragen (indien daar sprake van is). Geconcludeerd is dat uit de onderzochte jaarrekeningen 2011 niet duidelijk is af te leiden wat de impact gaat zijn van vorengenoemde wijzigingen. Wel blijkt uit het onderzoek dat de werknemersbijdragen veelal beperkt van omvang zijn en uit dien hoofde mag worden verwacht dat de impact van de wijziging op de jaarrekening beperkt zal zijn. De impact van de limitering van de werkgeversbijdragen is uit de jaarrekeningen 2011 niet af te leiden, waarschijnlijk mede vanwege de onduidelijkheid over de toepassing van deze bepaling in de praktijk. In de jaarrekeningen 2013 zal dit (mogelijk pas) duidelijk worden.

Besser Pharma: International Accounting for Pensions

2007 ◽  
Vol 22 (4) ◽  
pp. 563-578 ◽  
Author(s):  
K. Michael Geary ◽  
Donna L. Street
Keyword(s):  
Accounting Standards ◽  
Pension Plans ◽  
International Perspective ◽  
Employee Benefits ◽  
Financial Statement ◽  
Accounting Students ◽  
International Accounting ◽  
Pension Accounting ◽  
Accounting Standard ◽  
International Accounting Standard

The purpose of the Besser Pharma case is to bring an international perspective to the coverage of pension accounting. Students are required to read U.S. and international pension accounting standards, complete financial statement research on the pension plans of Besser's competitors, and answer, in a memo to Besser Pharma's CFO, a series of questions about alternative accounting approaches permitted by International Accounting Standard No. 19, Employee Benefits.

scholarly journals Ensino Embasado na Estrutura Conceitual: a escolha da metodologia ativa para aplicação de casos para ensino importa?

2020 ◽  
Vol 14 (4) ◽  
Author(s):  
Gleison De Abreu Pontes ◽  
Kellma Bianca Cardoso Fonseca ◽  
Ariane Caruline Fernandes ◽  
Patrícia De Souza Costa
Keyword(s):  
Financial Reporting ◽  
Problem Based Learning ◽  
International Financial Reporting Standards ◽  
International Accounting ◽  
Reporting Standards ◽  
Accounting Standard ◽  
Financial Reporting Standards ◽  
International Accounting Standard

Objetivo: Identificar quais competências são desenvolvidas na aplicação de casos para ensino com a utilização de técnicas de ensino diferentes, à luz do Ensino Embasado na Estrutura Conceitual (EEEC) e da Taxonomia de Bloom. Método: Foram testadas três técnicas de ensino: Grupo de Verbalização e de Observação (GVGO), Júri Simulado e Problem-Based Learning (PBL). A percepção dos discentes foi coletada por meio de questionário e grupo focal. Resultados: Na percepção dos estudantes, o emprego das técnicas, desenvolveu habilidades e competências distintas. Assim, a escolha da metodologia para aplicação de casos deve estar alinhada com os objetivos educacionais estabelecidos pelo docente. Além disso, apesar de terem sido desenvolvidas competências de todos os estágios do EEEC, GVGO e PBL desenvolveram mais aquelas do estágio 3, enquanto o Júri Simulado aquelas do estágio 2. Contribuições: Os resultados podem ser úteis para o International Accounting Standard Board (IASB) ir além do desenvolvimento de casos para ensino no EEEC, incorporando na agenda reflexões sobre quais metodologias utilizar na aplicação desses materiais no instituto de alcançar o objetivo aplicação coerente das International Financial Reporting Standards (IFRS). Essas reflexões também podem ser realizadas por pesquisadores e docentes a fim de contribuírem com o EEEC.

scholarly journals Extent of Commitment of Maritime Companies in Lebanon to Implementing the IAS 16

2020 ◽  
Vol 12 (9) ◽  
pp. 111
Author(s):  
Rani Shakaroun ◽  
Hasan El-Mousawi ◽  
Joumana Younis
Keyword(s):  
Financial Statements ◽  
International Accounting ◽  
International Accounting Standards ◽  
Accounting Standard ◽  
Income Statement ◽  
Fixed Assets ◽  
Periodic Maintenance ◽  
Convenient Approach ◽  
Set Up ◽  
International Accounting Standard

The study examined the extent of commitment of maritime companies in Lebanon to implementing the International Accounting Standard (IAS) 16. It aimed at recognizing the extent to which maritime firms in Lebanon apply the International Accounting Standard (IAS) 16 by explaining the financial statements and their features and constituents. A five-point Likert style questionnaire was constructed as a study tool to collect information from the sample that consisted of 70 people who were accountants at maritime companies in Lebanon in addition to auditors of these companies. From the 70 questionnaires distributed, 63 were retrieved. The research concluded that maritime companies in Lebanon apply the IAS 16 in the income statement and the statement of financial position. The researchers recommended that the International Accounting Standards Board (IASB) should set up a clear and coordinated approach to deal with the issue of the periodic maintenance for ships, especially that the IAS 16 did not specify a preferred approach to settle this issue; rather, the IASB left it for the companies to choose the most convenient approach. They also recommended increasing disclosure of Lebanese maritime companies using the procedures followed in determining, depreciating and itemizing fixed assets in the financial statements.

Instructional Case: Worldwide Shipping Corporation Ltd: Early or Late Adoption of a New International Accounting Standard?

1999 ◽  
Vol 14 (2) ◽  
pp. 211-231
Author(s):  
Peter Lee ◽  
Pearl Tan
Keyword(s):  
Financial Reporting ◽  
Financial Analysis ◽  
Balance Sheet ◽  
Financial Statements ◽  
Economic Consequences ◽  
International Accounting ◽  
Accounting Choice ◽  
Accounting Standard ◽  
The Impact ◽  
International Accounting Standard

The management of Worldwide Shipping Corporation Ltd (hereafter “Worldwide Shipping”) is confronted with a dilemma when a new international accounting standard on leases is introduced which contains a transitional provision allowing firms to defer implementation for a period of four years. Students are required to put themselves in the position of managers who have to weigh the adverse impact of early adoption of the new accounting standard against a responsibility for fair financial reporting. Worldwide Shipping is a multifaceted case that can be used as an accounting case study or a financial analysis study. The objectives of the case are threefold. First, it aims to provide students with a better understanding of the impact of off-balance sheet transactions (in this case, sale-leaseback contracts) on a firm's financial statements. Second, it requires students to examine implications of accounting choice on management compensation and debt-contracting costs, as well as the perplexing problem of recognition in financial statements vs. footnote disclosures. By putting students in the position of managers, the case increases students' awareness of the possible economic consequences arising from accounting choice. Third, it provides students with a useful exercise in the mechanics of effecting a change in accounting method using the retroactive method.

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