Comparative Study Of Pension Accounting

With the technology and modern medicine's development, human beings' average age is longer than before. So the increasing of old people is on the corner of century. How to set up an effective penalty system has become a hotspot Because of the large number of retired employee, the burden of company has increased. To account fairly for penalty's impact on companies' operation, many accounting specialists have done lots of research and come to several of pension accounting theories.The aim of pension accounting is to systematically and consciously reveal the operation of pension. Implementation of pension accounting will fairly present the impact of pension on the financial condition, operation results and cash flow. As the same time, it will make the accounting information more relevant to users.The pension accounting research started in modern countries. Through many years development, pension accounting research has set up a complete system that is based on accrual basis, systematical measure of pension costs, and accurate evaluation to record and disclose pension assets, debits and benefits. Many entities have published many research results and the most respective entities are FASB and IASC.An effective social insurance system is an important aspect of our socialist market economics. And penalty insurance is a necessary part of social insurance system. The more pension, the more unguent our companies account for pension systematically. Pension accounting is new to our country and it worth much research and discussion. The core problem of pension accounting is to set up our own pension accounting system to adapt to our current position.This thesis tries to discuss some difficult accounting problems resulting from pension. Comparing different ways throughout the world, I expect that it can be helpful to the improvement of our pension accounting system. In this thesis, the discussion on pension accounting is divided in four parts.Part one, introduction. This thesis begins with the importance of pensionaccounting. And then I interpret our current research about pension accounting. At the last of this part I introduce the arrangement of this thesis.Part two, the research results in developed countries and China. This part I introduce the practices of developed countries and our country in pension accounting.Part three, comparison and evaluation of different practices in pension accounting. In this part I compare different countries' pension accounting and analysis the advantages and disadvantages of different ways.Part four, setting up our system of pension accounting. After draw the lesson from other countries, I point out many areas that should be improved and make some suggestion about the framework of our pension accounting standards.The break points in my thesis are as follows:1.Closely comparison, analysis and evaluation of the practices of pension accounting in developed countries and China.2.My suggestions on the framework of our pension accounting standards.