cv4cfa

Not quite.

Pension expense under GAAP and IFRS is the same. Items that cover more than one period are amortized over time under both methods.

What's different is the balance sheet presentation. Under GAAP, the unamortized portion is stuffed into stockholders' equity. With IFRS, it's netted against the liability or asset.

ov25 Wrote:
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> Let me try....
> GAAP requires that ' events' be expensed
> immediately.

- Robert