... that market reactions vary with discretion in actuarial assumptions and funded status. Overall, our results document how investors respond to the amendments to pension accounting rules under IAS 19R. Due to the immediate recognition of previously unrecorded accumulated AGLs, this rule change is likely...

... disclosure pension accounting audit fees audit costs Using Japanese audit data, we explore the effects of recognized versus disclosed pension information on auditors' responses when the pension accounting standard changes from disclosure in the notes to recognition in financial statements...