TITLE

ACCOUNTING FOR PENSIONS--TWO KEY AREAS

AUTHOR(S)
Beresford, Dennis R.; Neary, Robert D.
PUB. DATE
September 1986
SOURCE
FE: The Magazine for Financial Executives;Sep1986, Vol. 2 Issue 9, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that January 1, 1987, is the deadline for calendar-year companies to begin complying with most of the provisions of the Financial Accounting Standard Board Statement Number 87, "Employers' Accounting for Pensions.'' Calculation of "minimum" pension liability based on many interrelated assumptions about future economic events; Sources of evidence to consider the settlement-basis discount rate; Challenges facing companies with a history of frequently amending their pension plans.
ACCESSION #
15161397

 

Related Articles

  • What Does It Mean? Dauberman, Mark // California CPA;May2008, Vol. 76 Issue 9, p16 

    The author reflects on the Financial Interpretation Number 46 issued by the Financial Accounting Standards Board (FASB) that is applied to keep liabilities off of the balance sheets of large and closely held entities. He defines that a variable interest entity (VIE) is subject to consolidation...

  • ASB's pension cost plans fail to impress.  // Accountancy;Nov98, Vol. 122 Issue 1263, p18 

    The article reports that the response by companies to the British Accounting Standards Board's proposals on pension cost accounting is decidedly unappreciative, according to a survey from actuaries Bacon and Woodrow. They are split over the proposed switch to a market value approach.

  • SENSITIZING THE ROMANIAN ACCOUNTING ENVIRONMENT WITH THE GENERAL ACCOUNTING POLICIES REGARDING PROVISION EVALUATION AND WITH THE RECOGNITION CRITERIA OF ASSETS AND CONTINGENT LIABILITIES. Cernuşca, L. // Agricultural Management / Lucrari Stiintifice Seria I, Managemen;Jul2009, Vol. 11 Issue 3, Special section p1 

    The systematic pessimism of prudence led to the tendency of increasing the need for provisions, generally and in particular. Due to the harmonization of the accounting system at the International Accounting Standards Board, the professional accountants will have at their disposal the IAS 37...

  • How the FASB Exposure Draft Would Revamp Pension Accounting. Borton, Douglas C. // FE: The Magazine for Financial Executives;Jul1985, Vol. 1 Issue 7, p42 

    The article assesses the role of the Financial Accounting Standards Board (FASB) exposure draft in the reconstruction of pension accounting. The FASB has modified a widely criticized aspect of its 1982 proposal to require companies to report unfunded pension liabilities on corporate balance...

  • British Airways among U.K. employers seeking ways to ease pension funding. Veysey, Sarah // Business Insurance;2/2/2004, Vol. 38 Issue 5, p25 

    Reports published this month by pension analysts suggest that the Great Britain's largest companies still face a pension funding deficit under accounting standard Financial Reporting Standard (FRS)17 of between $91 billion and $110 billion. In accordance with FRS 17, British Airways said that as...

  • GASB Eyes Pension Standards. Depaul, Jennifer // Bond Buyer;6/13/2012, Vol. 380 Issue 33730, p1 

    The article focuses on the plans of the U.S. Governmental Accounting Standards Board (GASB) to revise standards for public pension fund accounting. It mentions that the GASB is shifting its focus on un-funded liabilities and informs that the new accounting rules will mandate government to...

  • The evaluation of pension accounting and post employment... Lander, Gerald H.; Reinstein, Alan // Atlantic Economic Journal;Sep92, Vol. 20 Issue 3, p90 

    Provides information on using agency theory as an organizing principle to show that both Financial Accounting Standards numbers 87 and 106 for pension transactions represents a sharing of future cost savings in the employee-employer relationship. Methodology used by the researchers; Implications...

  • VREDNOTENJE NEOPREDMETENIH DOLGOROÄŒNIH SREDSTEV. Mihelčič, Eva // Our Economy (Nase Gospodarstvo);2005, Vol. 51 Issue 3/4, p90 

    The article presents an overview of the valuation of intangible assets according to Slovenian accounting standards, IFRS, US GAAP, and the German Companies Act. The relevant standards, definitions of intangible assets, and the criteria for recognition are listed, followed by the rules of first...

  • Financial Reporting Standards Exposure Drafts on issue at 20 January 2010.  // Chartered Accountants Journal;Feb2010, Vol. 89 Issue 1, p79 

    The article presents exposure drafts made by the International Accounting Standards Board (IASB) in New Zealand. The IASB Exposure Draft 2009/6 Management Commentary focuses on the preparation and presentation of management commentary by publicly listed entities. Moreover, the IASB Exposure...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics