Learn how accounting cushions help companies smooth earnings and achieve financial stability by overstating expenses and ...

The bursting of the stock market bubble has left many private defined benefit pension plans underfunded, raising some concerns about the effects on cash flows and, for a few firms, on financial ...

Earlier this year, Illinois said it had found a way to save billions of dollars. It would slash the pensions of workers it had not yet hired. The real-world savings would not materialize for decades, ...

Adopts Mark-to-Market Method to Simplify Pension Accounting No Effect on Cash Flow, Pension Funding Requirements or Participant Benefits New Method Expected to Increase 2018, 2019 and 2020 Earnings ...

Jan 27 (Reuters) - United Parcel Service is changing the way it accounts for its company-sponsored pension and post-retirement benefit plan in the fourth quarter , which will reduce its net earnings ...

You want to refinance your home. The bank requires an appraisal to determine the current value. The appraiser uses data from 2019. Would you feel good about that? Or let’s say you want to sell your ...

Governments would have to report as a liability on their accrual-based financial statements the unfunded portion of their pension plan under a new proposal. That was contained in a statement of ...

New policy comparable to main peers Will book changes in pension value more rapidly Revises FY2010 EPS view to $1.86/shr BOSTON, Nov 16 (Reuters) - Honeywell International Inc is changing its approach ...

First of a three-part series How do you solve a fiscal crisis if you don’t have the right numbers? That is the dilemma facing governors, legislators and would-be reformers around the country trying to ...

General Motors, struggling with its under-funded US pension plan (see separate report), said on Friday, according to Reuters, that it opposed an accounting rule currently being developed to improve ...

The Securities and Exchange Commission has asked two of the country's biggest companies how they used pension and health-benefits funds to adjust their earnings in recent years, raising the heat on a ...

America’s public employee pension crisis is so dire that leaders of the worst-case states feel they must present reforms even if it runs counter to the interests of their union bases. Faced with that ...