Reuters: Accountant discusses AT&T pension accounting change

Release Date: January 13, 2011 This content is archived.

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Ronald Huefner, professor of accounting, is quoted in an article distributed by Reuters that reports AT&T plans to report a $2.7 billion non-cash charge for the fourth quarter due to a pension-related accounting change aimed at making its numbers more transparent for investors. "Earnings will probably be more volatile. One of the reasons for the rules that we had is that they tried to take the volatility out, recognizing that there would be good years and bad years," he said. The article appeared in outlets that include CNBC and International Business Times.

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