The Impact of the New Pension Accounting Rules (FAS 158) on Financial Statement Analyses
Download or Read eBook The Impact of the New Pension Accounting Rules (FAS 158) on Financial Statement Analyses PDF written by Jeffrey M. Lark and published by . This book was released on 2009 with total page 24 pages. Available in PDF, EPUB and Kindle.
Author | : Jeffrey M. Lark |
Publisher | : |
Total Pages | : 24 |
Release | : 2009 |
ISBN-10 | : OCLC:504996304 |
ISBN-13 | : |
Rating | : 4/5 (04 Downloads) |
Book Synopsis The Impact of the New Pension Accounting Rules (FAS 158) on Financial Statement Analyses by : Jeffrey M. Lark
Book excerpt: In this paper we examine the effect of FAS 158 on some key financial ratios that are used for financial statement analyses. FAS 158 changes only the presentation of a company's pension obligations--not the substance. However, most key financial ratios will be affected because of the changes in reporting caused by FAS 158. For companies with overfunded pension plans, their assets and equity will decrease; for underfunded pension plans, their liabilities will increase while equity decreases. In this paper we explore the magnitude of the changes in key financial ratios brought about by implementing FAS 158.