FASB Issues Proposed Improvements to Financial Reporting of Pension and Other Postretirement Benefit Plans

NORWALK, Conn.–(BUSINESS WIRE)–The Financial Accounting Standards Board (FASB) today issued two proposed Accounting Standards Updates (ASUs) intended to improve financial reporting by employers related to defined benefit pension and other postretirement benefit plans. The proposed ASU, Compensation—Retirement Benefits—Defined Benefit Plans—General (Subtopic 715-20): Changes to the Disclosure Requirements for Defined Benefit Plans, is part of the FASB’s broader disclosure framework project aim
Source: BusinessWire-Primary

FASB Issues Proposed Improvements to Financial Reporting of Pension and Other Postretirement Benefit Plans