• $3.99

Publisher Description

Assessing the state of a company's pension plan by looking at its financial statements is misleading. Enter smoothing and exit the same. But will it make a difference? The current state of many company's defined benefit pension plans may be parlous, but you would never know it from the balance sheets. The reason is that current accounting standards allow for the extensive smoothing of gains or losses. Will the elimination of smoothing present a true picture of a company's defined benefit plan? Or, will it force firms to reconsider the benefits that they pay out to retirees? These accounting professors shed new light on these questions.

GENRE
Business & Personal Finance
RELEASED
2005
March 1
LANGUAGE
EN
English
LENGTH
9
Pages
PUBLISHER
Richard Ivey School of Business Foundation
SELLER
Ivey Business School Foundation
SIZE
1.1
MB

More Books by Christine I. Wiedman & Heather Weir