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Government and NotFor-Profit Accounting Deferred compensation plans , for other than proprietary fund employees, adopted under IRC Sec. 457 should be reported in a(an): Pension

Government and NotFor-Profit Accounting

Deferred compensation plans, for other than proprietary fund employees, adopted under IRC Sec. 457 should be reported in a(an): Pension (and other employee benefits) trust fund.

Why is this topic important? How do the ideas within the question affect Government and NotFor-Profit Accounting? Who are the affected parties? What are the incentives of the users, preparers, and lawmakers?

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