Which of the following accounting standards began a shift toward an asset-liability orientation in pension reporting?

Question

Quizplus · Accepted Answer

SFAS No. 87, Employers' Accounting for Pensions, began a shift toward an asset-liability orientation in pension reporting by requiring companies to recognize the funded status of their defined benefit pension plans on their balance sheets. APB Opinion 8, SFAS No. 106, and SFAS No. 132 are also related to pension accounting but do not specifically address the shift toward an asset-liability orientation.

Which of the Following Accounting Standards Began a Shift Toward