scholarly journals Cost/Benefit Tradeoffs Relating To Reductions In Postretirement Health Care Benefits In The SFAS 106 Environment

2011 ◽  
Vol 16 (4) ◽  
Author(s):  
Howard Bunsis ◽  
Susan Riffe
Keyword(s):  
Health Care ◽  
Cost Benefit ◽  
Financial Accounting ◽  
Font Size ◽  
Accounting Standard ◽  
Trade Off ◽  
Sfas 106 ◽  
Health Care Benefit ◽  
Health Care Benefits ◽  
Primary Contribution

<p class="MsoNormal" style="text-align: justify; margin: 0in 0.5in 0pt; tab-stops: -.5in .5in; mso-hyphenate: none;"><span style="letter-spacing: -0.15pt; mso-bidi-font-style: italic;"><span style="font-size: x-small;"><span style="font-family: Batang;">We investigate what factors help explain postretirement health care benefit (PRB) reductions around the adoption of Statement of Financial Accounting Standard 106 (SFAS 106). We find that firms with more motivation to make benefit cuts because of larger PRB-related obligations were more likely to decrease benefits.<span style="mso-spacerun: yes;">&nbsp; </span>Our primary contribution comes from examining the <strong style="mso-bidi-font-weight: normal;">cost/benefit</strong> <strong style="mso-bidi-font-weight: normal;">tradeoffs</strong> of making these reductions.<span style="mso-spacerun: yes;">&nbsp; </span>For example, we find a trade-off between reductions in PRB and increases in pension obligations, consistent with firms offering higher alternative forms of compensation to make up for the loss in PRB. In addition, firms with greater unionization among employees are somewhat less likely to reduce benefits.<span style="mso-spacerun: yes;">&nbsp; </span>Finally, we document that firms involved in more extensive efforts to reduce capacity and cut costs through firm restructurings are more likely to reduce benefits.</span></span></span></p>

scholarly journals Accounting For OPEBs: Does Better Accounting Serve The Public Interest?

2011 ◽  
Vol 11 (3) ◽  
pp. 1 ◽  
Author(s):  
Timothy A. Pearson ◽  
Scott I. Jerris ◽  
Richard Brooks
Keyword(s):  
Health Care ◽  
Social Consequences ◽  
Financial Accounting ◽  
Financial Accounting Standards Board ◽  
Accounting Standard ◽  
Public Companies ◽  
The Public ◽  
Setting Process ◽  
Sfas 106 ◽  
Accounting Standard Setting

In 1992, the Financial Accounting Standards Board (FASB) issues Employers Accounting for Postretirement Benefits Other Than Pensions (SFAS 106). SFAS 106 requires public companies to account for postretirement benefits other than pensions (e.g., health care) on an accrual basis. While SFAS 106 is good accounting, it provides corporations with an excellent excuse to amend or terminate health care coverage for retirees. This paper discusses the economic and social consequences of SFAS 106 as well as the politics of the accounting standard setting process.

scholarly journals Firm Choice Of Discount Rate Used In Valuing Pension Obligations

2011 ◽  
Vol 3 (10) ◽  
Author(s):  
Thomas T. Amlie
Keyword(s):  
Pension Plans ◽  
Financial Accounting ◽  
Unique Contribution ◽  
Defined Benefit ◽  
Font Size ◽  
Accounting Standard ◽  
History Of Research ◽  
Reporting Requirement ◽  
History Of ◽  
Defined Benefit Pension Plans

<p class="MsoNormal" style="text-align: justify; margin: 0in 34.2pt 0pt 0.5in;"><span style="font-size: 10pt;"><span style="font-family: Times New Roman;">This paper examines how the minimum liability reporting requirement for defined benefit pension plans affects the choice of actuarial assumptions. There is a long history of accounting literature which suggests that firms select accounting practices in order to artificially improve the appearance of their operations.<span style="mso-spacerun: yes;">&nbsp; </span>Similarly, there is a history of research regarding the question of how firms select the actuarial assumptions used in accounting for their defined benefit pension plans.<span style="mso-spacerun: yes;">&nbsp; </span>This paper makes a unique contribution to this line of research in that it explicitly examines and focuses on the effect of the &ldquo;minimum liability&rdquo; requirement under Statement of Financial Accounting Standard No. 87.</span></span></p>

THE EVOLUTION OF THE RELATIONSHIP BETWEEN THE US FINANCIAL ACCOUNTING STANDARDS BOARD AND THE INTERNATIONAL ACCOUNTING STANDARD SETTERS: 1973–2008

2012 ◽  
Vol 39 (1) ◽  
pp. 1-51 ◽  
Author(s):  
Robert J. Kirsch
Keyword(s):  
Accounting Standards ◽  
Financial Accounting ◽  
Working Relationships ◽  
International Accounting ◽  
International Accounting Standards ◽  
Financial Accounting Standards Board ◽  
Accounting Standard ◽  
Staff Members ◽  
The Us ◽  
The Relationship

ABSTRACT Utilizing archival materials as well as personal interviews and correspondence with personnel of the Financial Accounting Standards Board (FASB) and International Accounting Standards Committee/Board (IASC/B), including former Board chairmen and staff members, this paper examines the development of the working relationships between the FASB and the IASC/B from their earliest interactions in 1973 through the transformation of the IASC into the IASB and the Convergence Program rooted in the 2002 Norwalk Agreement up to 2008.

scholarly journals Reflective Choice in Health Care: Using Information Technology to Present Allocation Options

1999 ◽  
Vol 25 (2-3) ◽  
pp. 387-402
Author(s):  
Arti K. Rai
Keyword(s):  
Health Care ◽  
Information Technology ◽  
Health Care System ◽  
Medical Technology ◽  
Health Benefit ◽  
Cost Benefit ◽  
Alternative Funding ◽  
Health Care Interventions ◽  
The U.S ◽  
Care System

Over the last few decades, the U.S. health care system has been the beneficiary of tremendous growth in the power and sheer quantity of useful medical technology. As a consequence, our society has, for some time, had to make cost-benefit tradeoffs in health care. The alternative—funding all health care interventions that would produce some health benefit for some patient—is not feasible, because it would effectively consume all of our resources.

Home Visitation Investment

PEDIATRICS ◽  
1992 ◽  
Vol 89 (1) ◽  
pp. 169-169
Author(s):  
NORMAN J. SISSMAN
Keyword(s):  
Health Care ◽  
Home Visits ◽  
Cost Benefit ◽  
Home Visitation ◽  
Benefit Ratio ◽  
Health Care Resources ◽  
Detailed Consideration ◽  
Cost Benefit Ratio ◽  
Women And Children ◽  
The Cost

To the Editor.— Two recent reviews in Pediatrics1,2 provide much interesting information on the effect of home visits on the health of women and children. However, I was disappointed not to find in either article more than token reference to the cost of the programs reviewed. In this day of increasingly scarce health care resources, we no longer have the luxury of evaluating programs such as these without detailed consideration of their cost-benefit ratio.

Pengaruh Penerapan Pernyataan Standar Akuntansi Keuangan 109 Terhadap Implementasi Good Governance

2019 ◽  
Vol 3 (2) ◽  
pp. 147-157
Author(s):  
Dariana Dariana ◽  
Ruzita Ruzita
Keyword(s):  
Linear Regression ◽  
Analytical Method ◽  
Good Governance ◽  
Accounting Standards ◽  
Financial Accounting ◽  
Questionnaire Data ◽  
Simple Linear Regression ◽  
Accounting Standard ◽  
Quantitative Descriptive

The purpose of this study was to determine how the application of Financial Accounting Standards Statement 109 and the implementation of Good Governance in the National Zakat Board of Bengkalis Regency and the influence of the application of the Financial Accounting Standard Statement 109 on the implementation of Good Governance in the national zakat board of Bengkalis Regency. This research was conducted using quantitative descriptive methods. These data were obtained from questionnaire data, interviews and documentation that were distributed to all employees of the Bengkalis Regency National Amil Zakat Agency and several Zakat Collection Units in Bengkalis Regency. The analytical method used in this study is to use a simple linear regression. The results of this study indicate that the effect of the adoption of the Statement of Financial Accounting Standards 109 has a positive and significant effect on the implementation of Good Governance by 90.9%.

scholarly journals Resistance to Change Processes and Strategies for the Implementation of Harmonization Reforms: The Separation of the Health Care Expenditure in the Regional Financial Statements

2018 ◽  
Vol 13 (3) ◽  
pp. 42
Author(s):  
Giuseppe Modarelli ◽  
Migliavacca Alessandro ◽  
Puddu Luigi ◽  
Modarelli Giuseppe
Keyword(s):  
Health Care ◽  
Local Governments ◽  
Resistance To Change ◽  
Health Care Expenditure ◽  
Financial Statements ◽  
Financial Accounting ◽  
Financial Statement ◽  
Change Processes ◽  
Organizational Responses ◽  
Rational Management

The Legislative Decree n. 118/2011, in setting the rules for the harmonization of the financial accounting of the local governments, represents a further progress for the accounting process also for the health care. In the specific case the article 20 defines a precise identification perimeter of revenue and expenditure related with National Health Service (NHS) by the regulations in the regional financial statements, in a way to make possible an immediate comparability between the Health Care incomes and expenditures in the Regional financial statement. The aim of this paper, always referred to the Rational Management based on financial statement, focuses the attention on the possible correlation between organizational responses to institutional pressure and the theoretical roles of accounting, tracing lines of best practices compliance or not on the sample above explained.

Sign in / Sign up

Export Citation Format

Share Document