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Perquisites
(redirected from Employee benefit)

    Also found in: Medical, Financial, Encyclopedia, Wikipedia, Hutchinson 0.07 sec.

Fringe benefits or other incidental profits or benefits accompanying an office or position.

The abbreviation perks is used in reference to extraordinary benefits afforded to business executives, such as country club memberships or the free use of automobiles.

PERQUISITES. In its most extensive sense, perquisites signifies anything gotten by industry, or purchased with money, different from that which descends from a father or ancestor. Bract. lib. 2, c. 30, n. 8; et lib. 4, c. 22. In a more limited sense it means something gained by a place or office beyond the regular salary or fee.
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? References in periodicals archive
Employee Benefit Plans: 2006/2007 Audit and Accounting Risk Update and Alert (No.
Employee Benefit Plans: 2006/2007 Audit and Accounting Risk Update ... by CPA Letter
The AICPA Employee Benefit Plan Audit Quality Center has issued a tool to assist plan sponsors and others in hiring auditors for their employee benefit plans.
Guidance on hiring plan auditors by California CPA
The Institute and the Department of Labor's Employee Benefit Security Administration (EBSA) are conducting seminars with state CPA societies for small business clients on how to establish and administer pension, health and other employee benefit plans.
http://ebpaqc.aicpa.org by Journal of Accountancy
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