SFoyil

Ok. i am on record for saying, I hate FRA.

I still think it affects your funded status under (US GAAP).
US GAAP FUNDED STATUS = DBO - Fair value of plan assets.

I still think it affects your Period Cost
Period Cost = Srv cost + past service cost + int cost +- actuairal gain/loss - expected returns


I still think it affects your economic expense (indirectly though)
Economic expense = Company Contributions - Net Funded position at End + Net funded Position at the Begin
Economic expense = Change in DBO - Change in plan assets - Company contributions

tozert, i am already down in the gutter but I am looking at the stars.