New York (Sept. 15, 2003) -- Companies would have to start reporting the share of stocks, bonds, real estate and other assets in their pension plans, under a proposal released by the Financial Accountant Standards Board late last week.

Investors and the general public would also start getting more information about how pension plans affect corporate cash flow under the proposal by the FASB. FASB published the proposal on its Web site Friday, outlining changes to rules governing the way companies disclose pensions in financial statements.

The proposal, Employers' Disclosures about Pensions and Other Postretirement Benefits—an amendment of FASB Statements No. 87, 88, and 106 and a replacement of FASB Statement No. 132, can be downloaded from the rulemaker’s home page at

The deadline for comments on the proposal is Oct. 27.

-- WebCPA staff

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access