The Impact of IFRS Conversion on Employees Pension Plan

• Main Authors: CHAN-CHANG TU, 涂展彰
• Other Authors: 蔡文賢
• Format: Others
• Language: zh-TW
• Published: 2015
• Online Access: http://ndltd.ncl.edu.tw/handle/69005555678932898003

碩士 === 國立中央大學 === 企業管理學系在職專班 === 103 === From 2013 to 2015 in Taiwan, both publicly traded and emerging companies with the financial supervisory commission, which is in charge of the financial sector, continue to prepare financial statements in accordance with International Financial Reporting Standards (IFRS). In the questionnaire study done in April 2015, we target those companies that are either publicly traded on the Taiwan OTC or emerging rapidly after IFRS conversion in order to understand the impact on employee pension plan after the conversion. The results show that after introducing International Financial Reporting Standards, the number of employees and annual staff turnover rate will not affect the pension plan. Because the average length of service for employees in businesses founded earlier is longer than those in companies that are founded later, IFRS conversion will have a bigger impact on pension plans of those companies that are in business longer after taking into consideration the cost of the defined benefit plans.