Push to mark-to-market for pension plans grows

11/15/2012 | Wall Street Journal/CFO Journal, The

Momentum is growing to adopt mark-to-market accounting for defined-benefit pension plans, with companies such as Honeywell International, IBM and Johnson Controls having switched to mark-to-market accounting in their pension plans. At a recent industry conference, Susan Cosper, a technical director at the Financial Accounting Standards Board, said FASB is considering changes to current rules, including a look at mark-to-market rules.

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