Understanding the impact of the changes required in pension reporting requires detailed information about its pension plan(s) and an analysis of the...

Understanding the impact of the changes required in pension reporting requires detailed information about its pension plan(s) and an analysis of the relationship of many factors, particularly the:

(a) Type of plan(s) and any significant amendments.

(b) Plan participants.

(c) Funding status.

(d) Actuarial funding method and assumptions currently used.

What impact does each of these items have on financial statement presentation?