Though little is expected from Washington this election year, will Congress act at all on significant tax reform or simply wait for 2013? Regardless of timing, financial executives should pay careful attention to the details of ongoing tax discussions.
The IASB's proposed changes to pension accounting would introduce fundamental changes to the financial reporting for these arrangements. In the November issue of Financial Executives Magazine, PwC partners Murray Akresh and Ken Stoler authored an article exploring these implications, and discussing a recent PwC study examining the potential impact of the proposals.