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FASB to reconsider accounting for pensions and other postretirement benefits.

Publication: Leader's Edge
Publication Date: 01-NOV-05
Format: Online
Delivery: Immediate Online Access
Full Article Title: FASB to reconsider accounting for pensions and other postretirement benefits.(FASB/GASB)

Article Excerpt
Board Seeks to Improve Transparency and Usefulness for Investors, Creditors, Employees, Retirees and Other Users of Financial Information

The FASB voted November 10, 2005 to add a project to its agenda to reconsider guidance in Statement No. 87, Employers' Accounting for Pensions, and No....

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...Statement 106, Employers' Accounting for Postretirement Benefits Other Than Pensions.

The Board's objective in undertaking the project is to improve the reporting of pensions and other postretirement benefit plans in the financial statements by making information more useful and transparent...

NOTE: All illustrations and photos have been removed from this article.



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