In the United States, accounting for pensions has received a great deal of attention. In other...

Question

In the United States, accounting for pensions has received a great deal of attention. In other countries, pension accounting is given much less attention. In one page, examine the reasons that would explain why pension accounting is given much less emphasis in most foreign countries as compared to the emphasis it receives in the United States. This assignment is not designed to require you to go to the library or to access International Accounting Standards. If you spend your time just thinking about the issue, the answers should become apparent.

Robert · Accepted Answer

In the United States, accounting for pensions has received a great deal of attention. In other 
countries, pension accounting is given much less attention. In one page, examine the reasons that 
would explain why pension accounting is given much less emphasis in most foreign countries as 
compared to the emphasis it receives in the United States. This assignment is not designed to 
require you to go to the library or to access International Accounting Standards. If you spend 
your time just thinking about the issue, the answers should become apparent. 
Solutions 
The Pension plan has received a great deal of attention in United States other than the foreign 
countries due to many reasons. The most important reason being the Demographic structure of 
the countries in discussion. It has been seen that United States has reached a situation wherein 
the Baby Boomers, people born in the year between 1946 to 1964,

In the United States, accounting for pensions has received a great deal of attention. In other countries, pension accounting is given much less attention. In one page, examine the reasons that would...

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