Explain why companies may have reduced benefits


Discussion 1: "Accounting for Pension Plans"

I. Defend the current GAAP rules for pension accounting reporting on the balance sheet and the income statement. Recommend a change you would make to the current pension accounting to more accurately reflect the future obligations of a company.

Discussion 2: "Case: OPRB Issues"

I. Evaluate the content of the advertisement and explain why companies may have reduced benefits when they adopted new GAAP.

The response must include a reference list. One-inch margins, double-space, Using Times New Roman 12 pnt font and APA style of writing and citations.

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Accounting Basics: Explain why companies may have reduced benefits
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