FASB Expands Disclosures About Postretirement Benefit Plan Assets

On Dec. 30, 2008, the Financial Accounting Standards Board issued FSP FAS 132(R)-1, which amends Statement 132(R) to require more detailed disclosures about employers' plan assets, including employers' investment strategies, major categories of plan assets, concentrations of risk within plan assets and valuation techniquest used to measure the fair value of plan assets.

The FSP has other components. Read more details about the FSP in this issue of Heads Up, by Deloitte.