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joecjr
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Joined: 10 Oct 2009
Location: United States
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Posts: 974

Posted: 23 Nov 2009 at 10:17 \| IP Logged

your equation is correct.

mine is constructed based on the way the instructors displayed it, and it was easier for me to just remember their way.

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FAR [83] 1109 Yaeger
AUD [90] 0510 Roger CPA
BEC [76] 0810 Yaeger/Gleim
REG [80] 1110 Yaeger
Done 12/16/2010
1year & 4months

Philadelphia, PA
joey_cjr@yahoo.com

lovethepirk
Major Contributor

Joined: 10 Jul 2009
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Posts: 295

Posted: 23 Nov 2009 at 12:40 \| IP Logged

Joe,

i see what u did now... I had a hunch u were just doing it an alternate
method but i was too FARRed out to think ur fmv comparison thru;)

having a relaxing beer tonight since studying is OVER tonight?

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Using Wiley books and CPAnet!!!

joecjr
Major Contributor

Joined: 10 Oct 2009
Location: United States
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Posts: 974

Posted: 23 Nov 2009 at 15:14 \| IP Logged

no, that is tomorrow night!

walk from 6th and walnut to 6th and south= tequila. 520pm:)

__________________
FAR [83] 1109 Yaeger
AUD [90] 0510 Roger CPA
BEC [76] 0810 Yaeger/Gleim
REG [80] 1110 Yaeger
Done 12/16/2010
1year & 4months

Philadelphia, PA
joey_cjr@yahoo.com

Kookie
Contributor

Joined: 26 Dec 2008
Location: United States
Online Status: Offline
Posts: 93

Posted: 17 Jun 2010 at 03:29 \| IP Logged

This is THE most helpful information! It definitely wasn't made very clear in the Becker materials!!! :-( Thanks for bringing clarity...I was going to be up all night trying to figure out WHY the Pension liability included ALL gains/losses....but not the PBO.

roswellpodsquad wrote:

Hi Yahoo Fan,

I have Becker and according to them the gain/loss you are talking about
is an actuarial gain/loss. I do not believe that the other gains/losses you
indicated will affect the PBO account. However, actual gains and losses
will affect other accounts, such as the pension plan liability/asset account
& the accumulated OCI account.

So you PBO is calculated as:

Beginning PBO
+Service Cost
+Interest Cost
+Prior Service Cost
+Actuarial Losses
-Actuarial Gains
-Benefits Paid
=Ending PBO

Hope that helps

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