Lobbying With The FASB: The Case Of Accounting For Pension Terminations And Curtailments

Abstract

A content analysis of the one hundred and ten letters received in response to Exposure Drafts for settlements and curtailments of defined benefit pension plans is combined with a comparison of the Exposure Drafts (FASB, 1986) and the final rule, SFAS 88, (FASB, 1988) to determine if lobbying efforts were successful in obtaining a more desirable rule.