FASB Nixes Proposed Rule

October 2006
Investment Management Weekly;10/9/2006, Vol. 19 Issue 38, p1
This article reports on the decision of the U.S. Financial Accounting Standards Board not to require firms to disclose their expected pension contributions for the next five years. The decision was based on voting results. The board stated that the rule by the U.S. Securities and Exchange Commission that requires firms to reveal their contributions is enough. The vote relates to the Pension Protection Act.


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