Practical tip: Accounting for Employee Termination Benefits - What Model Should Be Used? (No. 2010-07)

Practical tip 06/15/2010 by Assurance services

This Practical Tip provides some key considerations for determining which accounting model should be used to account for employee termination benefits. The different models are contractual termination benefits, special termination benefits, one-time employee termination benefits, or other postemployment benefits.