Applying financial reporting standards can be quite complex. The BDO team can help you assess your situation and prepare for the opportunities and challenges involved.
This publication provides guidance on the recognition, measurement, presentation, and disclosure for employee future benefits in accordance with Section 3462, Employee Future Benefits and Section 3463, Employee Future Benefits for organizations applying ASPE or ASNPO. Specifically, this publication details the accounting for defined benefit and defined contributions plans, the calculation of the defined benefit liability, funding valuations, and accounting valuations.