Project #114599 - Contemporary Accounting Issues

Week 8 assignment is to prepare 2 excercises and 2 problems from Ch 20 in the coursepak. The Excel templates have been provided. Please submit the completed templates in the attached workbook (renamed) as your assignment. Please submit in Microsoft Word (or Excel if applicable) format. See instructions for naming file. If file is not properly named, you will not receive credit for the assignment! Late assignments will not be accepted. Please prepare the following Exercises/Problems using the Excel Templates found in the Week 8 Assignment. All the templates are in 1 workbook. Please remember to rename before submitting. Each will be counted as 5 points (same as regular questions each week). 1. E20-1 Pension Expense, Journal Entries 2. E20-7 Basic Pension Worksheet 3. P20-1 2-Year Worksheet and Reconciliation Schedule 4. P20-4 Pension Expense, Minimum Liability, Journal Entry for 2 Years 

 5,Postretirement Healthcare Costs:With healthcare costs spiraling out of control, and most postretirment healthcare plans not funded, do you think we will see the end of this as a benefit? If so, what impact do you think that may have on overall healthcare costs?

6,Are components of Pension Accounting too Subjective?:Several components needed to determine the funding status of a pension plan require judgment to be used. These include the settlement rate, expected return and even the actuarial estimate of how long plan participants will live. Do you think that these are subject to manipulation which could artificially lower the expense and funded/unfunded status?

Subject Business
Due By (Pacific Time) 03/19/2016 12:00 am
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