Recent Updates in Pension Accounting Course

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Course Category: Pension Administration and Retirement

Course Overview

Companies that offer pension plans must follow often-perplexing financial accounting standards and government accounting and presentation dictates. This course will help you sort through the major types of pension plans and understand specific terminologies related to these plans. This course also presents reporting by a trustee for the plan, including the requirements surrounding pension plan financial statements.

Other topics covered include:

  • Accounting for settlements, curtailments, and terminations
  • Non-pension post-retirement benefit plans
  • Accounting and reporting for post employment benefits
  • Under-funded or over-funded pensions
  • Reporting requirements for pension plans in financial statements

Learning Objectives

Upon successful completion of this course, participants will be able to:

  • Recognize the characteristics of and includible items in defined contribution and defined benefit pension plans.
  • Recognize terminology used in pension plan accounting.
  • Calculate pension expense costs in a defined benefit plan.
  • Identify the accounting and reporting requirements for pension plans in financial statements.

Course Outline

  • Pension Plans
  • Defined-Benefit Pension Plans
  • Terminology
  • Total Pension Expense
  • Actuarial Gains and Losses/Prior Service Costs
  • Gain or Loss
  • Smoothing Unexpected Gains and Losses on Plan Assets
  • Smoothing Unexpected Gains and Losses on the Pension Liability
  • Pension Plan Benefit Formula
  • Plan Assets
  • Underfunding or Overfunding
  • Retirement Benefit
  • Summary of Accounting for Pension Plans
  • Application Examples
  • Employers Having More Than One Defined-Benefit Plan
  • Annuity (Allocated) Contracts
  • Pension Reform Acts
  • Life Insurance
  • Settlement, Curtailment, and Termination
  • Settlement
  • Curtailment
  • Termination
  • Postretirement Benefit Plans Other Than Pensions
  • Accounting
  • Components
  • Plan Amendment
  • Disclosures
  • Employers' Disclosures about Pension and Other Postretirement Benefits
  • Pension Plan Financial Statements
  • Net Assets Available for Benefits
  • Investments
  • Contributions Receivable
  • Insurance Contracts
  • Statement of Changes in Net Assets Available for Benefits
  • Actuarial Present Value of Plan Benefits
  • Changes in Actuarial Present Value of Plan Benefits
  • Required Disclosures

Who Should Attend

Open to all financial accountants, managers and directors.

Register Call for Paper

Course Fee

₦285,000

Date & Location

  • Date: 4th Nov - 6th Nov, 2025
  • Location: Abuja
  • Virtual Learning: Available

Registration

Recent Updates in Pension Accounting Course
Register Call for Paper

Course Fee

₦285,000

Date & Location

  • Date: 4th Nov - 6th Nov, 2025
  • Location: Abuja

  • Virtual Learning:     Available

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Participant Feedback

Testimonials

"This workshop really helped me to reshape my thought towards retirement."

MRS MAKINDE:


"I enjoyed the well detailed information with references on where to go and research more if you need extra clarification on what was being taught. The facilitators were very clear and detailed with answering the question thrown to them. I recommend this training be conducted regularly to help PDOs know their job roles."

OBIEZE CHINENYENWA MARY CYNTHIA:


"I have not been able to process and get death benefit for my late colleagues families’ but with this I think I know how to go about it now. The resource person were excellent in their field, thank you for putting up these knowledgeable people to help us understand our responsibilities as PDOs."

ACHEM OJOMAJE


"The course exposed me to programs and benefits entailed in a pension scheme which I never knew existed. It also educated us on how to solve and rectify issues faced by retirees and pre-retiree. Thanking the facilitator for being open and exposing us to the importance and benefits of the various programs that are accessible in the pension scheme."

ABDULLAHI ATIKA


"I’m highly touched by the lecture of Mr. Adeola Olotade’s lecture. It has boosted my morale and it has changed my thinking power regarding pension effectiveness, and some advice on future plan."

MR MUBARAK BASHIR BABA


"Yes, definitely, I will recommend the conference to my staff and other colleagues"

Ekemode Mahmoud Olabamiji

Prin Asst. Registrar Pension
Michael Otedola College of Primary Education, Moforija-Epe

"The conference has open up my understanding about the New Pension Scheme"

Ogun, Risikat Nudewhenu

Principal Admin Officer
Administrative Staff College of Nigeria (ASCON)

"Well, I do appreciate the organizers of these laudable programme"

Ododo Jackson Esinkuma

Principal Auditor
Isaac Jasper Boro College of Education

"I have learnt a lot and i m going to put it in practice when i get back to our parastatals. I appreciate all in this conference, I enjoyed all the lectures. I am very grateful to all the lecturers. "

Mrs Nwanemough Jane

Senior Executive Officer
Federal Medical Centre, Owerri

"Yes of course, the course is very interesting therefore, I will particularly encourage other staff to attend it."

Taoheed Akintunde Akinwande

Senior Accountant
Ibrahim Badamosi Babangida University, Lapai