Title

The Controversy of Pension Accounting

Date of Submission

1986

Document Type

Thesis

Degree Name

Master of Science in Accounting

Department

Accounting

Advisor

Michael Rolleri

LCSH

Pension trusts--Accounting

Call No. at the Univ. of New Haven Library

AS 36 .N29 Acc. 1986 no.7

Abstract

Pensions in today's times are of great interest to almost everyone. Since their inception, many types of pension plans, each with their own characteristics, have evolved. Their dollar value has grown to such proportions that it is necessary to evaluate their position on financial statements. Supporters of the existing method of presenting pensions wish to retain them in the footnotes. The controversy arises, as a result of this proposal, whether to recognize the liability of pensions, on the balance sheet. Currently, hearings are being held at the Financial Accounting Standards Board to attempt to settle this controversy. It is my opinion that a change is necessary in the method of reporting pensions.

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