Accrued Benefits

  • 1 Posts
  • 1 Sections
  • 1 Types
Definitions
Accrued Benefits
Accrued Benefits Defined-Benefit Pension Scheme Pension Accounting Financial Reporting IAS 19 FRS 102 Employee Benefits
Accrued benefits refer to the benefits that are due under a defined-benefit pension scheme in relation to the service rendered by an employee up to a specific date. These may be calculated based on current earnings or protected final earnings, and are governed by various regulatory standards depending on the jurisdiction.
Read more about Accrued Benefits.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.