Employee Benefits

Short-term benefits
1. Wages, salaries, social security contributions, annual leave, sick leave, profit-sharing, bonuses and non-monetary benefits(medical care, etc).
  1. Normal accrual accounting
2. ST paid absences
  1. Accum. ST absences
    1. Vesting ?
      1. Entitled to cash when leaving
        Raise entire liability
    2. Non- vesting ?
      1. Not entitled to cash
        Raise expected liability
  2. Non-accum. ST absences
    1. Not entitled to cash
      1. Recognise only when leave will be taken in leave cycle
  3. Amount = Expected no. days leave might be taken X tariff p/day
Post-employment benefits
1. Defined contribution plans (provident fund)
2. Defined benefit plans
Disclosure note

Resumen del Recurso

	Creado por meyer cohn hace más de 9 años