should have listened…
yessir… and should have paid more attention to objectivity standards
Regarding IFRS on the Pension vignette. The balance sheet doesn’t show the funded status like under GAAP, right? For the record, I hate doing this to myself. This post-mortem is useless. But what the hell…I’m weak.
"The balance sheet doesn’t show the funded status like under GAAP, right? " oooops
Right, funded status is adjusted for unrecognized items.
1821 was the answer?
Right on! I put the 1,821 choice. You have some memory goel. I knew it was a thousand something but not the exact number.
Hey goel. Remember my post about Q55 on the AM Mock regarding the APT model? Was I right or was I right. The intercept in a macroeconomic model equals the stock’s expected return from an equilibrium pricing model like the APT. I loved it when I saw this on the test.
i remember that post. I got Q 55 on pm mock incorrect too. But glad to see - there was no such trick in exam.
1821 - amen - under IFRS - funded status is “manipulated/screwed” up
f-me… i only remember pre-SFAS vs after SFAS… so i figured that IFRS was like US GAAP and up to date…