wxs1986

because the actuarial gains and unrecognized prior service cost are UNRECOGNIZED, and therefore sitting in other accumulated comprehensive income -- an adjustment to shareholders equity only would be prudent.

bonus points: name the movie and the company where the lead character attempts to acquire a company for its overfunded pension assets with the intent to shut the company down and raid pension asset for a net profit.



Edited 2 time(s). Last edit at Sunday, May 29, 2011 at 09:23PM by prophets.