GC ACC371 week 5 dq 1 & dq 2 latest 2016 august

Explore the FASB Codification sections related to pensions (plan accounting) (§960, 962 & 965). Identify one concept that you did not know prior to completing this research and share it with the class, citing the code section. Identify one question that has arisen as you have explored pensions in the Codification, and post this question as well. Participate in follow-up discussion by challenging or defending the methods as explained by your classmates, or answering their questions. Your initial post should be 250-500 words, and should demonstrate solid academic writing skills.

Find a publicly traded company that provides post-retirement benefits for its employees. Provide a link to the balance sheet in your post, and explain the details of the post-retirement benefits based on the amounts and disclosures found in the financial statements. What have you learned about the pension plan or post-retirement benefits of the company? Would you want to work there based on the pension plan? Do not choose a company that has already been reported on by one of your classmates. Participate in follow-up discussion by critiquing the posts provided by your classmates and defending their challenges to your post. All posts should be grammatically correct and proofread for spelling.