Seriously guys, you have to stop crying about having to be accountable for your pensions. Why not whine about something else, like issuing annual reports all together. If you don't like it, just find a private equity firm or hedge fund to help you go private. They won't hold your feet to the fire or anything.
|Execs' Letters Rip FASB Pension Draft|
|The proposed statement by the accounting board could upset companies' annual budgeting and create chaos at year's end, employers contend.|
|David M. Katz, CFO.com|
|June 07, 2006|
Many senior finance executives fear that the Financial Accounting Standards Board's plan for overhauling pension accounting will place an onerous crunch on year-end closes that have already grown frantic (continued...)