"MBCBPs are accounted for as DB plans under U.S. GAAP, but stakeholders have raised concerns that there are different interpretations of how ASC guidance applies to MBCBPs, resulting in accounting liabilities not always reflecting the economics of MBCBPs.... By enhancing clarity, consistency, and alignment with the underlying economics of these plans, the new FASB guidance may make MBCBPs a more attractive and feasible option for a wider array of employers."  MORE >>