Semi-detailed Lesson Plan in Intermediate Accounting

BSA3 - PACIOLI
Chapter 17: Postemployment benefit

I. Learning Objectives

By the end of the lesson, student shall be able to;

a. Learn the concept of Postemployment Benefits.

b. Identify employee benefits, defined contribution and benefit plan including its components.

c. Recognize and acquire knowledge on computing projected benefit obligation by applying

projected unit credit method and on the actuarial gain and losses.

II. Subject Matter

Topic: Postemployment Benefit

Subtopics: Defined Benefit Plan

Defined Contribution Plan

Defined Benefit Cost

III. Material and Reference

Intermediate Accounting Book by Conrado T. Valix, Jose F. Peralta and Christian Aris M. Valix

IV. Procedure

a. Preparation:

 Prayer
 Checking of Attendance
 Motivational Video from Licensure Board Examination Passers
 Student will be given handouts or photocopies of the topics on Postemployment
benefits.

b. Short recap of the previous topic.

Lesson Proper
Activity

 Page How to record contribution on defined contribution plan.

 Page How much benefit employees have on a certain schedule or year.

Analysis

The instructor gives a "study in advance questions" which will check by calling each names of
the student.

1. What is defined benefit plan, contribution plan and defined benefit cost?

2. How to account, record and solve for each of the components of employee benefit?

Abstraction

The assessment of the students learning about the lesson was through providing answers on
the Illustrations and allow students to raise some concerns and questions relevant to the topic.

IV. Evaluation:

Compute for the Fair Value of Plan assets provided the following data related to defined benefit
plan:

Fair Value of Plan assets - beginning 400000

Actual return on plan asset. 63000

Contribution to the fund 110000

Benefits paid upon retirement. 45000

Discount rate. 5%