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FASB Gets an Earful As CFOs Protest Key Details of Pension Accounting Reform
CFO
Aug. 1, 2006 Excerpt: Most CFOs appear ready to accept the concept that future pension obligations should be reflected on today's balance sheet -- 87 percent agreed with that statement in an April survey conducted by Grant Thornton. But if the devil is in the details, so too is the ire, and CFOs say that the manner in which FASB proposes to address the issue is unworkable. MORE >> |
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