Under the simplified approach to accounting for defined benefit pension plans under ASPE, the actuarial cost method used for pension accounting will be different than that used for funding.

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Under the simplified approach to accounting for defined benefit pension plans under Accounting Standards for Private Enterprises (ASPE), the actuarial cost method used for pension accounting is the same as that used for funding purposes, to simplify the accounting process.

Under the Simplified Approach to Accounting for Defined Benefit Pension