Please enable JavaScript.
Coggle requires JavaScript to display documents.
9A. Employee Benefits - Coggle Diagram
9A. Employee Benefits
Long term
-
Benefits in kind: recognise as an expense (same way as benefits
payable in cash) monthly childcare costs
-
Termination benefits in the form of sump sum. Entitlement to such payments is not accrued over time and only becomes available in a short period
Accounting treatment
-
-
-
DR SPL, CR Cash & DR/CR Prepayment/accrual
-
-
Definition
No legal obligation or constructive obligation to make further
contributions if the fund does not have sufficient assets.
-
-
-
-