The recording of a transition liability associated with the adoption of SFAS No. 106, Accounting for Postretirement Benefits Other than Pensions, will result in an equity-to-debt shift on GAAP-based financial statements. If SFAS No. 1 06 is adopted for statutory accounting purposes, this shift...

Accountants are concerned about the impact of incentive contracts on performance. Monetary incentives improve overall performance, but their effects on the components of performance are not well known. Performance on a repetitive task includes initial performance, subsequent improvement rate,...