Straight frauds like Enron, Adelphia and WorldCom aren’t the only examples in which adverse consequences follow bad accounting practices. In those cases, management set out to deceive by blatantly ...
With so many governments' public pension funds woefully underfunded, there's little doubt that some asset managers are taking higher risks with the funds' assets as they seek higher returns. The ...
The bursting of the stock market bubble has left many private defined benefit pension plans underfunded, raising some concerns about the effects on cash flows and, for a few firms, on financial ...
While there has been a great deal said in recent years about the impending problems with financing the Social Security, Medicare, and Medicaid systems, much less attention has been paid to similar ...
They’re cut, dried and dense. Accounting rules are something only a bean counter could love. But they can also repaint the landscape of municipal finance. That’s likely to be the case with new pension ...
Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...
State and local government pensions admit to being underfunded by over $1 trillion. But using the tougher accounting standards applied in other countries, state and local pension deficits would rise ...
The National Conference on Public Employee Retirement Systems announced the results of a study intended to broaden the understanding of what constitutes a healthy public pension system. The results of ...
The Government Accounting Standard Board's accounting rules for public pension funds need to be revamped, says a new study from the National Conference on Public Employee Retirement Systems. The study ...
The widening pensions accounting deficit of the 200 largest privately sponsored pension schemes, as measured by the Aon200 Index, soared by a further 16 billion in February to end the month at 45 ...
It's time to pull the plug and do the right thing - replace the convoluted bad accounting with straightforward reporting of the debt and the assets, and the resulting income effects. Straight frauds ...
State and local government pensions admit to being underfunded by over $1 trillion. But using the tougher accounting standards applied in other countries, state and local pension deficits would rise ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback