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Many companies implement pension plans. Normally the obligation that the company has to future retirees is off the balance sheet, same with the pension fund

Many companies implement pension plans. Normally the obligation that the company has to future retirees is off the balance sheet, same with the pension fund of assets maintained to cover the future obligation. Discuss the appropriateness of the accounting treatment for pensions in terms of required inclusion on the balance sheet and additional disclosures.

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