Coca-Cola Company vs. PepsiCo, Inc - Research Paper Example

Only on StudentShare

Extract of sample
Coca-Cola Company vs. PepsiCo, Inc

Consequent to this input, the plan is effectively funded to sustain total elasticity as laid down in the Pension Plan Act 2006. Generally, the fund was estimated to finance all the subsequent contributions in future from the operating activities. In accordance to the guidelines of IFRS the international pension plans of the company are funded in conformity to the domestic laws and the income tax guidelines. The company does not anticipate the contributions to the plans to be in effect in any near future. Following the enactment of the Pension Plan Act of 2006, no contributions are expected to be included in the schedule for funding the benefit pension plan. At the end of the financial year 2009, the estimated benefit requirement of the United States eligible pension plans was about $ 2.138 million and the reasonable value of the pension plan was about $ 1.975 million. The major part of this contribution was as a result of depressing effect that the previous financial crisis and financial mechanism’s vulnerability had on the company’s pension plan assets. ...
Download paper

Summary

Coca-Cola Company vs. PepsiCo, Inc. Institution’s Name Analysis and discussion of the current effects of IFRS on the pension reporting for Coca-Cola and PepsiCo at 2009 year-end According to the Pension Plan Act of 2006 new standards were enacted and established in connection to the new methods of funding for the United States benefit pension plans…
Author : alanis54

Related Essays

Horizontal and Vertical Financial Analysis - PepsiCo vs Coca-Cola
6 pages (1506 words) Essay
Investment Decision: Coca-Cola Vs. Pepsi
10 pages (2510 words) Assignment
Account theory:The Coca-Cola Company
5 pages (1255 words) Essay
Financial Analysis of Pepsi Cola Company FIN 534/Strayer University
9 pages (2259 words) Term Paper
The Coca-Cola Company Financial Results Analysis
3 pages (753 words) Essay
Coca-Cola Company versus PepsiCo, Inc.
6 pages (1506 words) Essay
Coca-Cola Company vs. PepsiCo, Inc
6 pages (1506 words) Essay
Got a tricky question? Receive an answer from students like you! Try us!