Subscribe to Free Daily Newsletters
Post a Job

Featured Jobs

Retirement Plan Administrator

Liden, Nestle, Soled & Associates
(Westlake Village CA)
DB/CB Plan Administrator

Ingham Retirement Group
(Miami FL / Telecommute)
Experienced 401k Plan Administrator / Consultant

Farmer & Betts, Inc.
(Tacoma WA / Tualatin OR / Littleton CO)
Executive Director

Employers Council on Flexible Compensation (ECFC)
(Washington DC / Telecommute)

Free Daily News and Jobs

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Get the BenefitsLink app LinkedIn
Twitter
Facebook

<< Previous news item   |   Next news item >>



[Official Guidance]

9/29/2006: Text of FASB Summary of Statement 158 (Financial Accounting Standards Board [FASB])
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.
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2019 BenefitsLink.com, Inc.