[theeluce]

I cannot grasp the concept that when recording pension costs a Credit to OCI will reduce the AOCI account.

OCI has a normal credit balance. So when we are recognizing the unamortized items (making them go into OCI to hit the income statement ) we credit OCI.

How does this reduce AOCI? A credit to OCI in my mind would ultimately increase the Accumulated Balance.

AUD- 86 (10/2014)-passed
BEC- 84 (11/2014)-passed
FAR - 72 (04/2014), 71(08/2014), 88 (2/2015) passed
REG- 70 (5/2015) , scheduled 8/24/2015

[theeluce]

Similarly when removing the deferred tax benefit a Debit reduces the OCI (WHICH MAKES SENSE) sooooooo why is that not the case with the Pension Expense.

AUD- 86 (10/2014)-passed
BEC- 84 (11/2014)-passed
FAR - 72 (04/2014), 71(08/2014), 88 (2/2015) passed
REG- 70 (5/2015) , scheduled 8/24/2015

[theeluce]

Similarly when removing the deferred tax benefit a Debit reduces the OCI (WHICH MAKES SENSE) sooooooo why is that not the case with the Pension Expense.

AUD- 86 (10/2014)-passed
BEC- 84 (11/2014)-passed
FAR - 72 (04/2014), 71(08/2014), 88 (2/2015) passed
REG- 70 (5/2015) , scheduled 8/24/2015

[Study Monk]

nevermind read question wrong..

I spoke to an ancient wise man who sent me on a mushroom induced journey through an ancient forest to find the key to passing the CPA exam. A talking spider monkey told me to throw the last of my drinking water in the dirt to find what I was looking for. So I followed his instructions and the following message appeared in the soil:

"Do 5000 multiple choice questions for each section"

[Study Monk]

nevermind read question wrong..

I spoke to an ancient wise man who sent me on a mushroom induced journey through an ancient forest to find the key to passing the CPA exam. A talking spider monkey told me to throw the last of my drinking water in the dirt to find what I was looking for. So I followed his instructions and the following message appeared in the soil:

"Do 5000 multiple choice questions for each section"

[Author]

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