Reformed Presbyterian Minutes of Synod 1993

98 1993 MINUTES OF THE SYNOD OF THESWARTZ, IZENSON «T ASSOCIATES, r.c.LI Numbers 87 d and J&ert**-^, 88 has not been determinedand auoh disclosures have not been made. Additionally, pension benefits in­f *••curred Pittsburgh, under Pennsylvaniapension Plan "A" have been charged to expense when paid rather thandetermining Hay 12, 1993 pension expense using an acceptable actuarial cost method. We believethat omission of the disolosure of the foregoing information and failure to determinepension expense using accepted actuarial cost methods are departures from generallyaccepted accounting principles.