Accounting Standards for Private Enterprises

Accounting Standards for Private Enterprises: what to do about defined benefit plans?

February 1, 2012 Adam Gorley Payroll, Pensions and Benefits

Is your company making the transition to Accounting Standards for Private Enterprises (CICA Handbook, Part II)? Do you have employees in a defined benefit pension plan? You should know that the Accounting Standards Board has approved amendments to CICA 1500, “First-time adoption” and Section 3461, “Employee future benefits”…

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