A Brief Analysis Of Accounting Compulations Of Post-employment Benefits After The Revision Of The Employees’ Salary Standard

Salary expense holds such a dominance in company’s cost accounting that no company can avoid the issues concerning employees’ salary. Accounting Standard for Business Enterprises No. ninth-- Employees’ Salary released by the Ministry of Finance in 2006 has played an important role in standardizing salary accounting in companies. Along with the globalization trend, the competition among domestic and overseas companies become increasingly fierce, the exchanges between them become more frequent and the forms of providing welfare to employees become more and more diversified, thus bringing about new challenges to companies in employees’ salary accounting.In order to further regularize the state standard related to salary accounting in companies and remain the continuing convergence of Accounting Standard for Business Enterprises and International Financial Reporting Standards, the Ministry of Finance revised and released Accounting Standard for Business Enterprises No. ninth-- Employees’ Salary on January 27, 2014 and required that the standard must be implemented by all the companies that stick to the accounting standard for business enterprises. In the new standard, the scope of accounting employees’ salary has been expanded. Post-employment benefits, a bright spot in the new version that has been divided into Defined Contribution Plan and Defined Benefit Plan, and other longtime employment welfares have been added in the new standard.This thesis will first introduce the background information of the revision of the new standard for the sake of introducing post-employment benefits and post-employment benefits plans, then analyze the measuring process of Defined Benefit Plan by providing some examples and dig out some potential problems existing in measuring post-employment benefits. In the end, this thesis will offer us some advices for improvement.