Hey guys, I think I’m following the posts here but there were quite a exchanges. Can anyone simply list the differences in pension accounting between GAAP and IFRS? I don’t really need an explanation(you can add it if you like), I simply need a topic description of where they differ. At this point, I’m not going to remember any more formulas, I just want to know where the differences are. Much appreaciated… Pedpenny above described: 1. IFRS permits the components of the pension expense to be shown on the IS OR a Single line item. GAAP only permits a single line item. 2. On the balance sheet the ‘pure’ funded status is shown for GAAP, while IFRS subtrats/adds any changes it the items which are usually ammortised, actuarial assumptions. Any more?