Finance AI Skill

Deferred Compensation Accounting

Account for deferred compensation plans including non-qualified deferred compensation (NQDC), supplemental executive retirement plans (SERPs), rabbi and trust arrangements, and Section 409A compliance. Use when setting up deferred comp plan accounting, calculating deferred compensation expense, recording investment gains/losses on deferred comp assets, ensuring 409A compliance, or reporting deferred compensation in financial statements and tax returns. Triggers on phrases like "deferred compensation", "NQDC", "SERP", "409A", "non-qualified deferred comp", "executive retirement plan", "deferred pay accounting", "rabbi trust", "deferred comp liability".