United States

Alternative Approaches to Calculating Service and Interest Cost under FASB ASC Topic 715

Mar 07, 2016
From the Financial Reporting View

Some entities are considering changes in their pension and other postretirement benefit accounting computations by seeking to refine the calculation of service cost and/or interest cost to yield more representationally faithful results. This white paper addresses several considerations that have arisen surrounding the calculations to develop service cost and interest cost under ASC Topic 715, Compensation—Retirement Benefits.

Read Alternative Approaches to Calculating Service and Interest Cost under FASB ASC Topic 715