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2016

November 3, 2016 — FASB Votes to Finalize ASU on Net Periodic Benefit Cost

FASB Votes to Finalize ASU on Net Periodic Benefit Cost

Accounting Journal Entry
November 3, 2016
At its meeting yesterday, the FASB redeliberated the amendments in its proposed Accounting Standards Update1 (ASU) on improving the presentation of net periodic benefit cost; the Board reaffirmed the proposed guidance and authorized its staff to draft a final ASU.

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