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KNOWLEDGE CHECK

Health & welfare plans
Financial reporting

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* Per FASB ASC 965-205-45-1, the financial statements of a defined benefit H&W plan prepared in accordance with GAAP should be prepared on the accrual basis of accounting and include all of the following, except:

Statement of net assets available for benefits as of the end of the plan year.

Statement of cash flows for the year then ended.

Statement of changes in net assets available for the year then ended.

Information regarding the plans benefit obligations as of the end of the plan year.

Information regarding the effects, if significant, of certain factors affecting the year-to-year change in the plans' benefit obligations.

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KNOWLEDGE CHECK

Health & welfare plans Financial reporting

Health & welfare plans Financial reporting

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Health & welfare plans
Financial reporting

Health & welfare plans
Financial reporting