繰延報酬制度の信託をめぐる会計の論点 : 米国Rabbi信託の会計処理基準を中心として(21世紀を展望する産業・経営・会計(Part III))

概要

論文の詳細を見る
This paper demonstrates the characteristics of contemporary accounting through a detailed examination of the requirements of accounting outlined in the 1997 FASB EITF Issue No. 97-14, Accounting for Deferred Compensation Arrangements Where Amounts Earned Are Held in a Rabbi Trust. Rabbi Trust is a Deferred Compensation Plan, and has the following special characteristics. By contributing treasury stock to Rabbi Trust, an employer can avoid all risk involved with employees' deferred compensation liability. After a fixed period, employees are able to sell their treasury stock and buy stock in other companies; they can then reap the full benefits when they retire; however, employees have no right to make a claim should the company be declared bankrupt. Thus, from an accounting standpoint, the manner in which Rabbi Trust deals with liabilities and compensation costs is an important issue. This paper clearly demonstrates that compensation costs and deferred compensation liability are measured in accordance with fluctuations in the market price of Rabbi Trust equity, and is therefore evaluated on the basis of fair value in the same way as are liabilities and capital. Herein lie the special characteristics of contemporary accounting found in Rabbi Trust's requirements of accounting.
日本大学の論文
2001-03-25