Exposure Drafts on Retirement Benefits Issued
Announced on January 26th, the following Exposure Drafts have been issued by the Financial Standards Accounting Board:
- Proposed Accounting Standards Update (ASU), Compensation—Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost.
- Proposed ASU, Compensation—Retirement Benefits—Defined Benefit Plans—General (Subtopic 715-20): Changes to the Disclosure Requirements for Defined Benefit Plans.
Comments on these Exposure Drafts are due Monday, April 25th. Electronic Feedback Forms are available to submit comments regarding the proposed ASUs on Compensation—Retirement Benefits (Topic 715) and Compensation—Retirement Benefits—Defined Benefit Plans—General (Subtopic 715-20).