Prepare a five to six (5-6) page paper in which you:
Examine and discuss the current effects of IFRS on the pension reporting for Coca-Cola and PepsiCo at 2009 year-end.
Evaluate the funding levels and capital gains experienced by Coca-Cola and PepsiCo in their respective pension funds.
Examine which of the two (2) companies had a more secure pension fund, and describe why.
Determine how the status of the pension fund affects the level of risk that must be reported in the annual report. Justify your answer.