FASB's quick fix for pension accounting is only first step

Financial Analysts Journal

Volumn 63, Issue 2, 2007, Pages 21-35

  Grant, C Terry ^a   Grant, Gerry H ^b   Ortega, William R ^c  

^a Department of Accounting ^*

^b CALIFORNIA STATE UNIVERSITY   (United States)

^c WINONA STATE UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 34247580164     PISSN: 0015198X     EISSN: None     Source Type: Journal    
DOI: 10.2469/faj.v63.n2.4526     Document Type: Review

References (16)

1. Adams, Jane, and Rebecca McEnally. 2003. "AIMR FAPC Comment Letter to the FASB, Employers' Disclosures about Pensions and Other Postretirement Benefits" (28 October): www.cfainstitute.org/centre/issues/comment/2003/ pdf/PensionDisclosures.pdf.
2. Arnott, Robert D. 2005. "The Pension Problem: On Demographic Time Bombs and Odious Debt." Financial Analysts Journal, vol. 61, no. 6 (November/December):12-17.
3. Bozewicz, Jane. 2004. "Changes Ahead: Pension Liabilities & New Discount Rate Assumptions." AFP Exchange, vol. 24, no. 2 (March/April):36-38.
4. FASB. 1985. Statement of Financial Accounting Standards No. 87, Employers' Accounting for Pensions. Norwalk, CT: Financial Accounting Standards Board.
5. _. 2003. Statement of Financial Accounting Standards No. 132R, Employers' Disclosures about Pensions and Other Postretirement Benefits - an amendment of FASB Statements Nos. 87, 88, and 106. Norwalk, CT: Financial Accounting Standards Board.
6. _. 2005a. "FASB Adds Comprehensive Project to Reconsider Accounting for Pensions and Other Postretirement Benefits." News release, Financial Accounting Standards Board (10 November): www.fasb.org/news/nr111005.shtml.
7. _. 2005b. "Accounting for Pensions and Postretirement Benefits Other Than Pensions." Financial Accounting Standards Board Meeting Handout (10 November): www.fasb.org/board_handouts/11-10-05.pdf.
8. _. 2006. Statement of Financial Accounting Standards No. 158, Employers' Accounting for Defined Benefit Pension and Other Postretirement Plans - an amendment of FASB Statements Nos. 87, 88, 106, and 132(R). Norwalk, CT: Financial Accounting Standards Board.
9. General Motors. 2005. General Motors Corporation 2004 10-K (16 March): www.sec.gov/Archives/edgar/data/40730/000004073005000050/final10k031505.txt.
10. Kelly, John. 2006. "Anheuser-Busch Comment Letter to the FASB, Accounting for Defined-Benefit Pension and Other Postretirement Plans" (5 May): www.fasb.org/ocl/1025-300/39632.pdf.
11. McEnally, Rebecca T., and Georgene B. Palacky. 2006. "CFA Institute Centre for Financial Market Integrity Comment Letter to the FASB, Accounting for Defined-Benefit Pension and Other Postretirement Plans" (8 May): www.fasb.org/ocl/1025-300/39654.pdf.
12. Merino, John. 2006. "FedEx Corporation Comment Letter to the FASB, Accounting for Defined-Benefit Pension and Other Postretirement Plans" (10 May): www.fasb.org/ocl/1025-300/39698.pdf.
13. Rapoport, Michael. 2005. "GM Faces a New Threat to Its Books." Wall Street Journal (29 December):C3.
14. Solomon, Deborah, and Lee Hawkins. 2005. "Pension Inquiry Shines Spotlight on Assumptions." Wall Street Journal (9 November):C1.
15. Weil, Jonathan. 2005. "FASB Votes to Revise Pension Rules." Wall Street Journal (11 November):C3.
16. Zion, David, and Bill Carache. 2005. "The Magic of Pension Accounting, Part III." Credit Suisse First Boston Equity Research (February): www.ryanalm.com/portals/5/research/ 20050207_@The_Magic_of_Pension_Accounting_III.pdf.