The Board is issuing this Update to improve the usefulness of the information
reported to users of employee benefit plan financial statements and to provide
clarity to preparers and auditors. This Update relates primarily to the reporting by
an employee benefit plan (a plan) for its interest in a master trust. A master trust
is a trust for which a regulated financial institution (bank, trust company, or similar
financial institution that is regulated, supervised, and subject to periodic
examination by a state or federal agency) serves as a trustee or custodian and in
which assets of more than one plan sponsored by a single employer or by a group
of employers under common control are held.


Deja un comentario