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What is the role of an actuary relative to pension plans

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Reference no: EM131931524

Questions -

1. Please respond to the following, and remember to cite your sources in your answers:What value do you believe XBRL will have in a large (think Fortune 500) company? What value do you believe XBRL will have in a small (think mom/pop type of small business) company?

2. What is the role of an actuary relative to pension plans? Describe actuarial assumptions and how an accountant uses them in their company's financial reporting. Be specific, give examples.

Reference no: EM131931524

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