The Accounting Post-Employment Benefits Based on Actuarial Calculations

Anna Cebotari

doi:doi:10.11648/j.hss.20180602.12

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The Accounting Post-Employment Benefits Based on Actuarial Calculations

Anna Cebotari

Published in Humanities and Social Sciences (Volume 6, Issue 2)

Received: 9 February 2018 Accepted: 8 May 2018 Published: 28 May 2018

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Abstract

The accounting post-employment benefits based on actuarial calculations, at present remains a subject studied in Moldova only theoretically. Applying actuarial calculations of accounting in fact denotes its character of evolving. Because national accounting standards have been adapted to international, which in turn require the valuation of assets and debts at fair value, there is a need to draw up exact calculations on which stands the theory of probability and mathematical statistics. One of the main objectives of accounting information is reflected in its financial situations and providing internal and external users of the entity. Hence the need to reflect highly reliable information that can be provided by applying actuarial calculations. In this article is proposed methods of determining the pensions of employees in the case of the formation of the private pension fund. In fact, a private pension fund within the enterprise aims at motivating the employees to increase the quality of the manufactured products, the services rendered and the executed works. This article helps the entities to set up a private pension fund in the Republic of Moldova.

Published in	Humanities and Social Sciences (Volume 6, Issue 2)
DOI	10.11648/j.hss.20180602.12
Page(s)	54-58
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2018. Published by Science Publishing Group

Keywords

Actuary, Retirement, Pension Plans, Defined Contribution Plans, Defined Benefit Plans

References

[1]	Viorel ȚURCANU, Irina GOLOCEALOVA, Raportarea Financiara conform standardelor internationale, ACAP, Chisinau 2015, 450 p.
[2]	Аверчев И. В. МСФО.1000 примеров применения, Москва, Издательство: Рид Групп, 2011, 992 p.
[3]	Фонд КМСФО: Учебные материалы по МСФО, Web: www.ifrs.org.
[4]	IAS 19 „Beneficiile angajaţilor”, în: Monitorul Oficial al RM, nr. 237-240 din 31.12.2008.
[5]	IAS 26 „Contabilizarea şi raportarea planurilor de pensii”, în: Monitorul Oficial al RM, nr. 237-240 din 31.12.2008.
[6]	S. N. C., Capital propriu și datorii”. În Monitorul Oficial al RM, nr. 233-237 din 22.10.2013.
[7]	De Roode. Pensions as Wages / A. De Roode // American Economic Review. 1913. – Vol. June.– P. 287–295.
[8]	Dewhirst J. F. A conceptual approach to pension accounting / J. F. Dewhirst // The Accounting Review. 1971 – Vol. April. – P. 365–373.
[9]	Hannah L. Inventing Retirement: The Development of Occupational Pensions in Britain / L. Hannah // Cambridge: CUP, 1986. – 216 p.
[10]	Chandar N. The development of actuarial-based pension accounting at the Bell System, 1913-40 / N Chandar, P. J. Miranti // Accounting History. 2007. – Vol. 2. – P. 205–234.
[11]	2018 Actuarial Report. Minister of Public Works and Government Services, Canada, 2018, ISSN 2291-7950.
[12]	Final 2018 Actuarial Value Calculator Methodology, Centers for Medicare & Medicaid Services Center for Consumer Information & Insurance Oversight. 2016. https://www.cms.gov/CCIIO/Resources/Regulations-and-Guidance/Downloads/Final-2018-AVC-Methodology121616.pdf.

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APA Style

Anna Cebotari. (2018). The Accounting Post-Employment Benefits Based on Actuarial Calculations. Humanities and Social Sciences, 6(2), 54-58. https://doi.org/10.11648/j.hss.20180602.12

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Anna Cebotari. The Accounting Post-Employment Benefits Based on Actuarial Calculations. Humanit. Soc. Sci. 2018, 6(2), 54-58. doi: 10.11648/j.hss.20180602.12

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Anna Cebotari. The Accounting Post-Employment Benefits Based on Actuarial Calculations. Humanit Soc Sci. 2018;6(2):54-58. doi: 10.11648/j.hss.20180602.12

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@article{10.11648/j.hss.20180602.12,
  author = {Anna Cebotari},
  title = {The Accounting Post-Employment Benefits Based on Actuarial Calculations},
  journal = {Humanities and Social Sciences},
  volume = {6},
  number = {2},
  pages = {54-58},
  doi = {10.11648/j.hss.20180602.12},
  url = {https://doi.org/10.11648/j.hss.20180602.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.hss.20180602.12},
  abstract = {The accounting post-employment benefits based on actuarial calculations, at present remains a subject studied in Moldova only theoretically. Applying actuarial calculations of accounting in fact denotes its character of evolving. Because national accounting standards have been adapted to international, which in turn require the valuation of assets and debts at fair value, there is a need to draw up exact calculations on which stands the theory of probability and mathematical statistics. One of the main objectives of accounting information is reflected in its financial situations and providing internal and external users of the entity. Hence the need to reflect highly reliable information that can be provided by applying actuarial calculations. In this article is proposed methods of determining the pensions of employees in the case of the formation of the private pension fund. In fact, a private pension fund within the enterprise aims at motivating the employees to increase the quality of the manufactured products, the services rendered and the executed works. This article helps the entities to set up a private pension fund in the Republic of Moldova.},
 year = {2018}
}

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TY  - JOUR
T1  - The Accounting Post-Employment Benefits Based on Actuarial Calculations
AU  - Anna Cebotari
Y1  - 2018/05/28
PY  - 2018
N1  - https://doi.org/10.11648/j.hss.20180602.12
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JO  - Humanities and Social Sciences
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AB  - The accounting post-employment benefits based on actuarial calculations, at present remains a subject studied in Moldova only theoretically. Applying actuarial calculations of accounting in fact denotes its character of evolving. Because national accounting standards have been adapted to international, which in turn require the valuation of assets and debts at fair value, there is a need to draw up exact calculations on which stands the theory of probability and mathematical statistics. One of the main objectives of accounting information is reflected in its financial situations and providing internal and external users of the entity. Hence the need to reflect highly reliable information that can be provided by applying actuarial calculations. In this article is proposed methods of determining the pensions of employees in the case of the formation of the private pension fund. In fact, a private pension fund within the enterprise aims at motivating the employees to increase the quality of the manufactured products, the services rendered and the executed works. This article helps the entities to set up a private pension fund in the Republic of Moldova.
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Author Information

Anna Cebotari

Department of Accounting, Audit & Economic Analysis, Academy of Economic Studies of Moldova, Chisinau, Republic of Moldova

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APA Style

Anna Cebotari. (2018). The Accounting Post-Employment Benefits Based on Actuarial Calculations. Humanities and Social Sciences, 6(2), 54-58. https://doi.org/10.11648/j.hss.20180602.12

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ACS Style

Anna Cebotari. The Accounting Post-Employment Benefits Based on Actuarial Calculations. Humanit. Soc. Sci. 2018, 6(2), 54-58. doi: 10.11648/j.hss.20180602.12

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AMA Style

Anna Cebotari. The Accounting Post-Employment Benefits Based on Actuarial Calculations. Humanit Soc Sci. 2018;6(2):54-58. doi: 10.11648/j.hss.20180602.12

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@article{10.11648/j.hss.20180602.12,
  author = {Anna Cebotari},
  title = {The Accounting Post-Employment Benefits Based on Actuarial Calculations},
  journal = {Humanities and Social Sciences},
  volume = {6},
  number = {2},
  pages = {54-58},
  doi = {10.11648/j.hss.20180602.12},
  url = {https://doi.org/10.11648/j.hss.20180602.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.hss.20180602.12},
  abstract = {The accounting post-employment benefits based on actuarial calculations, at present remains a subject studied in Moldova only theoretically. Applying actuarial calculations of accounting in fact denotes its character of evolving. Because national accounting standards have been adapted to international, which in turn require the valuation of assets and debts at fair value, there is a need to draw up exact calculations on which stands the theory of probability and mathematical statistics. One of the main objectives of accounting information is reflected in its financial situations and providing internal and external users of the entity. Hence the need to reflect highly reliable information that can be provided by applying actuarial calculations. In this article is proposed methods of determining the pensions of employees in the case of the formation of the private pension fund. In fact, a private pension fund within the enterprise aims at motivating the employees to increase the quality of the manufactured products, the services rendered and the executed works. This article helps the entities to set up a private pension fund in the Republic of Moldova.},
 year = {2018}
}

Copy | Download

TY  - JOUR
T1  - The Accounting Post-Employment Benefits Based on Actuarial Calculations
AU  - Anna Cebotari
Y1  - 2018/05/28
PY  - 2018
N1  - https://doi.org/10.11648/j.hss.20180602.12
DO  - 10.11648/j.hss.20180602.12
T2  - Humanities and Social Sciences
JF  - Humanities and Social Sciences
JO  - Humanities and Social Sciences
SP  - 54
EP  - 58
PB  - Science Publishing Group
SN  - 2330-8184
UR  - https://doi.org/10.11648/j.hss.20180602.12
AB  - The accounting post-employment benefits based on actuarial calculations, at present remains a subject studied in Moldova only theoretically. Applying actuarial calculations of accounting in fact denotes its character of evolving. Because national accounting standards have been adapted to international, which in turn require the valuation of assets and debts at fair value, there is a need to draw up exact calculations on which stands the theory of probability and mathematical statistics. One of the main objectives of accounting information is reflected in its financial situations and providing internal and external users of the entity. Hence the need to reflect highly reliable information that can be provided by applying actuarial calculations. In this article is proposed methods of determining the pensions of employees in the case of the formation of the private pension fund. In fact, a private pension fund within the enterprise aims at motivating the employees to increase the quality of the manufactured products, the services rendered and the executed works. This article helps the entities to set up a private pension fund in the Republic of Moldova.
VL  - 6
IS  - 2
ER  -

Copy | Download