Defining Issues | August 2018
The FASB has amended pension and OPEB disclosures as part of its broader disclosure framework project.
Filed under: Presentation, Expenses, Compensation – other
KPMG reports on ASU 2018-14 and examines amendments to disclosures for defined benefit pension and other postretirement benefit (OPEB) plans. The amendments aim to improve the overall usefulness of disclosures to financial statement users and reduce unnecessary costs to companies when preparing the disclosures.
FASB amends defined benefit plan disclosures
Download PDFConcepts statement has guidance on materiality
KPMG reports on the release of the disclosure framework chapter of Concepts Statement No. 8, and amendments to the qualitative characteristics chapter.
FASB amends fair value disclosure requirements
The FASB has amended the fair value disclosure requirements as part of its broader disclosure framework project.
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