Accounting Standard Updates

Pension Obligations: SSAP No. 92 & No. 102

This episode discusses how SSAP No. 92 and No. 102 changed pension obligations. Topics include the change from accumulated benefit obligation (ABO) to projected benefit obligation (PBO) and the change in considering unvested employees when establishing these obligations. SSAP No. 92 and SSAP No. 102 replace SSAP No. 14 and SSAP No. 89.