Evaluate impact of earning volatility on financial reporting

Assignment Help Accounting Basics

Reference no: EM131701270

Discussion: Accounting for Pension Plans

Respond to the following:

From the e-Activity, create an argument for the use of the mark-to-market accounting method for pension accounting. Evaluate the impact of earnings volatility on financial reporting using mark-to-market accounting, and indicate whether or not you believe this is a fair representation of pension obligations.

Defend the current GAAP rules for pension accounting reporting on the balance sheet and the income statement. Recommend a change you would make to the current pension accounting to more accurately reflect the future obligations of a company.

Reference no: EM131701270

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