What is the difference between GAAP and IFRS for pension assets/liabilities?
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What are the differences and similarities between US GAAP and IFRS in accounting for unexpected gains or losses on plan assets and pension liabilities?
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Answer:
This topic has been excellently covered in an article in Yahoo Voices. Please log on to http://voices.yahoo.com/us-gaap-vs-ifrs-pension-expenses-3192808.html
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