Friday, March 31, 2006

New FASB rules could reveal huge pension debt

New FASB rules could reveal huge pension debt

The Financial Accounting Standards Board is proposing new rules on reporting pension obligations that could show some companies have more pension debt than the net worth of the business. The rules would move information on pension debt out of a company's financial statements' footnotes and on to the balance sheet.

http://r.smartbrief.com/resp/dorAjjvHhYhJupuSbu

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