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Text of FASB Summary of Statement 158
Financial Accounting Standards Board [FASB] Link to more items from this source
[Official Guidance]
Sept. 29, 2006
Excerpt: [P]rior standards ... for [DB] plans failed to communicate the funded status of those plans in a complete and understandable way. [They] did not require an employer to report in its statement of financial position the overfunded or underfunded status of a [DB] plan. Those standards did not require an employer to recognize completely in earnings or other comprehensive income the financial effects of certain events affecting the plan's funded status when those events occurred.

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