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ACC 499 Week 5 Discussion 2 ? Discuss whether you agree or disagree with the ?smoothing? treatment related to pension gains and losses, and state your rationale

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Discuss whether you agree or disagree with the ?smoothing? treatment related to pension gains and losses, and state your rationale.;Yes, i agree with the smoothing treatment related to pension gains and losses. As we know that the ASC 715 does not require immediate effect of the pension gains or losses to be recognised as components of the net periodic pension cost in the period in which they arise and which is also known as smoothing treatment.;The rationale behind the agreement is that apart from my view, the ASC requires such smoothing treatment related to the pension gains or losses. And such type of smoothing helps in the proper accounting treatment of the pension gains or losses as the same is recognised for a period and not as per the traditional measures of the accounting.

 

Paper#20767 | Written in 18-Jul-2015

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