Pensionsrückstellungen

The fourth edition of the textbook "Pension Provisions" offers a comprehensive and practical presentation of one of the most complex topics in accounting. The work is aimed at auditors, tax consultants, financial officers, and all professionals dealing with occupational pension schemes. It contains detailed explanations of US GAAP, which are particularly relevant for German subsidiaries of American corporations, and highlights the key differences from IFRS. The expanded synopsis provides a quick overview of all relevant regulations, while new chapters on the tax treatment of funded and securities-linked commitments take current developments into account. Clear introductions, specially derived mortality tables, and precise presentations make the book an indispensable reference work. The expertise of the author, Thomas Hagemann, who has been working as an expert and consultant in occupational pensions since 1996, underlines the high practical relevance and technical depth of the work.