This Financial Reporting Alert, which updates Deloitte’s October 30, 2015, Financial Reporting Alert, highlights accounting considerations related to the calculations and disclosures entities provide under U.S. GAAP in connection with their defined benefit pension and other postretirement benefit plans. This update includes a discussion of:

• Applying discount rates in the measurement of benefit cost under a bond-matching approach.
• The health care cost trend rate and discount rate for postretirement benefit plans.
• Recent SEC staff views on:
  • MD&A disclosures related to critical accounting policies and estimates.
  • Disclosure of changes in the mortality assumption.
  • Disclosures related to the discount rate assumption.
  • Non-GAAP measures.

This publication was released by our US firm.

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