United States

KPMG Comments on GASB’s Exposure Draft about Pension Issues

Feb 08, 2016
From the Financial Reporting Network

KPMG LLP recently commented on the GASB Exposure Draft, Pension Issues, an amendment of GASB Statements No. 67, No. 68, and No. 73, which proposes to address practice issues raised in connection with the implementation of recent GASB pension standards. KPMG strongly supports the GASB’s effort to clarify certain pension issues, and recommended that the GASB consider providing specific accounting guidance about frozen defined benefit pension plans.

Read KPMG Comment Letter

Read GASB Exposure Draft