Accounting for Pensions and Other Postemployment Benefits

Training Type: 
Live Training
Course Status: 
Repeat Offering
Date and Time: 
Mar 17 2015 - 9:00am to 5:00pm  MDT
Region: 
Mountain
Location: 

Denver, CO (Grand Hyatt Denver)

1750 Welton Street
Denver, CO 80202
United States
Phone: 
+1 (303) 295-1234
Field of Study: 
Management Advisory Services
Member Price: 
$370.00
Non-Member Price: 
$550.00
Who Will Benefit: 

Finance professionals involved with pension benefits or other postemployment benefits (OPEB) from either an employer or plan perspective.

Program Description: 

The seminar is designed to equip participants with a solid working knowledge of accounting and financial reporting for pensions, OPEB, and termination benefits. It incorporates the latest Governmental Accounting Standards Board (GASB) pronouncements and reviews proposed changes. It also offers practical guidance on how to prepare a comprehensive annual financial report (CAFR) for a public employee retirement system (PERS).

Seminar Objectives: 

Those who successfully complete the seminar should be able to:

  • Distinguish pension benefits from OPEB;
  • Distinguish postemployment benefits from termination benefits;
  • Identify each of the different types of pension and OPEB arrangements;
  • Determine the appropriate accounting and financial reporting for employers for each;
  • Describe the basic elements of an actuarial valuation; 
  • Identify the five major sections of a PERS CAFR and the contents of each; and
  • Determine the appropriate measure of cost for termination benefits.