Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Straight frauds like Enron, Adelphia and WorldCom aren’t the only examples in which adverse consequences follow bad accounting practices. In those cases, management set out to deceive by blatantly ...

With so many governments' public pension funds woefully underfunded, there's little doubt that some asset managers are taking higher risks with the funds' assets as they seek higher returns. The ...

The bursting of the stock market bubble has left many private defined benefit pension plans underfunded, raising some concerns about the effects on cash flows and, for a few firms, on financial ...

The National Conference on Public Employee Retirement Systems announced the results of a study intended to broaden the understanding of what constitutes a healthy public pension system. The results of ...

State and local government pensions admit to being underfunded by over $1 trillion. But using the tougher accounting standards applied in other countries, state and local pension deficits would rise ...

The generosity of retirement benefits for government employees has become a major political issue, as policymakers at all levels of government struggle with budget deficits in the midst of a weak ...

The Government Accounting Standard Board's accounting rules for public pension funds need to be revamped, says a new study from the National Conference on Public Employee Retirement Systems. The study ...

It's time to pull the plug and do the right thing - replace the convoluted bad accounting with straightforward reporting of the debt and the assets, and the resulting income effects. Straight frauds ...

State and local government pensions admit to being underfunded by over $1 trillion. But using the tougher accounting standards applied in other countries, state and local pension deficits would rise ...