Employee benefits asset

Hi

Is the contribution deposited by the owner an asset. What is an employee benefit asset?

Txs

Replies (2)
Quick Summary
This discussion explores whether contributions made by an owner, such as for PF and ESIC, are considered an asset. It seeks clarification on the definition and accounting treatment of 'employee benefit assets' and 'obligation assets'. The aim is to understand how these contributions should be presented in financial statements.

Can You give some clarification about the Contribution Deposited...??
Where and Why

Pf, esic etc ? I know to calculate the suma but presentation. But what is employee benefit asset or obligation asset?

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