Perspective: Truth and consequences of pension accounting reform and investment risk

Retirement plan funding and accounting reforms are top FASB and IASB priorities aimed at increasing the transparency of employers' pension and post-retirement benefit obligations. Publication of FAS 158 concluded phase I of this project, which now is focusing on income statements and pension measurement from a "mark-to-market" position. This Perspective analyzes how management, stockholders, creditors and other financial statement users will interpret these accounting changes. It also addresses why and how plan sponsors should identify, measure and manage risks before FASB finalizes standards.  (Perspective, 12 Jun 2008, 16 pages)

• Full Perspective (PDF)

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