Wharton Pension Research Council Working Papers

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Working Paper

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Recent events have prompted a growing awareness of the need for internationally comparable pension accounting standards. This chapter examines recent and anticipated changes in worldwide accounting practices, and our focus is on the issue of whether pension accounting standards are consistent with the economics of pension finance. We examine trends toward convergence and place particular emphasis on the movement to fair value accounting standards. We also analyze potential impacts of likely accounting changes and transition rules on pension funding in the US and other countries


The published version of this Working Paper may be found in the 2005 publication: Reinventing the Retirement Paradigm.

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©2004 Pension Research Council of the Wharton School of the University of Pennsylvania. All Rights Reserved.

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Economics Commons



Date Posted: 30 August 2019