Some Reaction to FASB’s New Pension Disclosure Rules

The Dow Jones Newswire has this article (via the Wall Street Journal): "Companies Find Time Is Short To Comply With New Pension Rules." (No link available.) The article notes how companies are scurrying to comply with FASB's new pension disclosure…

The Dow Jones Newswire has this article (via the Wall Street Journal): “Companies Find Time Is Short To Comply With New Pension Rules.” (No link available.) The article notes how companies are scurrying to comply with FASB’s new pension disclosure rules discussed in a previous post here and how some are finding compliance difficult, while others seem to say that it is not that big a deal. The article notes that “[m]ost publicly traded companies must make the new information available in upcoming annual reports – due in a matter of weeks – even though the Financial Accounting Standards Board didn’t issue the new rule until late last month.”

UPDATE: FEI has posted a good article on the new pension disclosure rules: “New Retirement-Plan Disclosures for 2003 Reports by KPMG.” (Thanks to Benefitslink.com for the pointer.)

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