FASB Could Take Up Pension Accounting Rules Again

Investors want the Financial Accounting Standards Board to revisit pension accounting rules and make changes that go beyond the International¬†Accounting Standards Board’s new standards, Chairman Leslie Seidman said. “That is a pressing matter we’re going to have to take seriously in terms¬†of adding to the agenda,” she said. The FASB changed pension accounting rules in 2006, but has deferred a second phase of revisions.