(Answered) All publicly traded domestic companies use edgar the

Accounting

All publicly traded domestic companies use EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system, to make the majority of their filings with the SEC. You can access EDGAR on the Internet at www.sec.gov.

Required:

1. Search for a company with which you are familiar and which you believe is likely to have a pension plan. (Older, established firms are good candidates.) Access the company's most recent 10-K filing. Search or scroll to find the financial statements and related notes.

2. From the disclosure notes, determine the type of pension plan(s) the company has.

3. For any defined contribution plans, determine the contributions the company made to the plans on behalf of employees during the most recent three years.

4. For any defined benefit plans, what interest (discount) rate was used in estimating the PBO? Access the FASB's Codification Research System at the FASB website (www.fasb.org). Determine the specific citation for accounting for the requirement to disclose the discount rate used to estimate the PBO.

5. Repeat steps 2 through 4 for a second firm. Compare and contrast the types of pension plans offered. Are actuarial assumptions the same for defined benefit plans?

View complete question

Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91711369
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Accounting Basics

Question 1 calculate the cost per minute for each type of

Question: 1. Calculate the cost per minute for each type of employee. 2. Calculate total costs per patient and price per patient at each level of care. The response must be typed, single spaced, must be in times new roma ...

Question - pharoah company purchased equipment for 11160 on

Question - Pharoah Company purchased equipment for $11160 on January 1, 2017. The company expects to use the equipment for 3 years. It has no salvage value. Calculate the Monthly depreciation expense on the asset?

Question - on january 1 revis consulting entered into a

Question - On January 1, Revis Consulting entered into a contract to to create cost reduction program for Green Financial over a six-month period. Revis will receive $60,800 from Green at the end of each month. If total ...

Question - on december 31 2012 grant williams enterprises

Question - On December 31, 2012, Grant Williams Enterprises, Inc. (GWE) had income from continuing operations before taxes of $1,800,000. Additionally the following items occurred during 2012 which are not included in th ...

Question - jacks jax has total fixed cost of 25000 if the

Question - Jack's Jax has total fixed cost of $25,000. If the company's contribution margin is 60%, the income tax rate is 25% and the selling price of a box of Jax is $20, how many boxes of Jax would the company need to ...

Question - based on the loan amortization table1 whats the

Question - Based on the loan amortization table 1) What's the current and long-term liability that would appear on the Dec. 31, 2016 Balance sheet? 2) What's the interest expense for 2017? 3) What's the current and long- ...

Question in your readings this module you were introduced

Question: In your readings this module, you were introduced to Activity-Based Costing or ABC. It is a method used to determine a reliable predetermined benchmark for the allocation of overhead costs to the products produ ...

Question - a few members in the circular club do not want

Question - A few members in the Circular Club do not want to continue with annual rodeo. However, Shelly is insistent the club must continue to conduct the rodeo as an annual fundraiser. Shellley aegues she has spent hun ...

Question decision making with managerial accountingdue to

Question: Decision Making with Managerial Accounting Due to varying business characteristics, the managerial accounting techniques applied in each business may differ. For example, a business in the start-up phase may re ...

Business report assignment - to complete it students will

Business Report Assignment - To complete it, students will be provided with an Australian publicly listed company where they will be required to conduct financial statement analysis. Task Information - You have randomly ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Accounting Basics Expert