Watson Wyatt discusses a new accounting approach proposed by FASB for determining liabilities in cash balance pension plans which could artificially drive up the liabilities for many of these plans on corporate balance sheets in this article.
New Accounting Rules for Cash Balance Plans Being Considered
Watson Wyatt discusses a new accounting approach proposed by FASB for determining liabilities in cash balance pension plans which could artificially drive up the liabilities for many of these plans on corporate balance sheets in this article….