Blog Entries tagged 'other post-employment benefits' http://www.cfozone.com Wed, 19 Jun 2013 20:01:43 +0100 FeedCreator 1.7.2 http://www.cfozone.com/index.php?option=com_myblog&show=Verizon-AT-T-change-pension-accounting.html&Itemid=713 <p>Verizon Communications has changed the way its accounts for pensions and other post-employment benefits. </p><p>The telecom giant said the new policy recognizes gains and losses in the year they are incurred, rather than amortizing them over time. This will result in $20.2 billion in charges to prior earnings.</p> <p>The company stresses that annual adjustments will be made to reflect the actual return on pension plan assets, changes in discount rates and differences from other actuaria [...] stephentaub@yahoo.com Thu, 20 Jan 2011 23:00:00 +0100 Verizon Communications other post-employment benefits non cash charge cash flow Cash Accounting