Accounting for termination benefits and other accounting impacts of COVID-19
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Accounting for termination benefits and other accounting impacts of COVID-19

2 years ago · 178 KB Download

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When entities change the composition of their workforce there are potential accounting consequences which may not always be considered when changes are made. Whether adding employees or expanding benefits available or reducing workforce, there are issues which need to be considered. Within this report we focus on a handful of these areas including:

  • Accounting for new or modified employee benefits, including sick time and compensated absences

  • Termination and other postemployment benefits, which fall into four distinct groups for accounting purposes

Download the Accounting for termination benefits

File name: accounting-for-termination-benefits-and-other-accounting-impacts-of-the-coronavirus-20200617.pdf

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