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Explore the FASB Codification sections related to pensions (plan accounting) (§960, §962, & §965). Identify one concept that you did not know prior to completing this research and share it with the class, citing the code section.

Words: 512
Pages: 2
Subject: Accounting

Q7-1

Select a publicly traded company and access its most recent financial statements from its annual report. Include the name of the company in your subject line, and do not choose a company that one of your classmates has already posted on. Provide a link to the statements in your post. Examine the statement of cash flows for that company, and calculate the cash flow ratios presented in the lecture for the company that you have chosen. Make general comments about the company’s operations based upon what you view in the statement of cash flows and the ratios that you calculate. If there are any items that you see on the financial statements that you do not understand, identify those for your classmates and instructor to provide guidance on. Participate in follow-up discussion by critiquing the posts provided by your classmates and defending their challenges to your post. Your initial post should be 200 words, and should demonstrate solid academic writing skills. Please include proper citations in your discussion post. Points will be deducted if proper citations are not used.

 

Q7-2

Explore the textbook chapter(s) and related PowerPoint(s) for this Topic. What concepts associated with statement of cash flows do you expect to encounter once you start working in the profession? Discuss how will knowledge of these concepts help you in your current or future job(s)? Participate in follow-up discussion by comparing your response to classmates’ and describe the differences of opinions on what will be important to each of you in the future. Your initial post should be 200 words, and demonstrate solid academic writing skills.

 

Q8-1

Explore the FASB Codification sections related to pensions (plan accounting) (§960, §962, & §965). Identify one concept that you did not know prior to completing this research and share it with the class, citing the code section.

Identify one question that has arisen as you have explored pensions in the Codification, and post this question as well. Participate in follow-up discussion by challenging or defending the methods as explained by your classmates, or answering their questions. Your initial post should be 200 words, and should demonstrate solid academic writing skills. Please include proper citations in your discussion post. Points will be deducted if proper citations are not used.

 

Q8-2

Find a publicly traded company that provides post-retirement benefits for its employees. Provide a link to the balance sheet in your post, and explain the details of the postretirement benefits based on the amounts and disclosures found in the financial statements. What have you learned about the pension plan or postretirement benefits of the company? Would you want to work there based on the pension plan? Do not choose a company that has already been reported on by one of your classmates. Participate in follow-up discussion by critiquing the posts provided by your classmates and defending their challenges to your post. All posts should be grammatically correct and proofread for spelling. Please include proper citations in your discussion post. Points will be deducted if proper citations are not used