With one or two other students and using library sources, write a paper on Statement of Accounting Standards No. 106, "Accounting for Postretirement Benefits Other Than Pensions." This standard resulted in some of the largest adjusting entries ever made. Companies had to record an expense and a liability to account for these costs on an accrual basis. In the past they typically had recorded this expense on a cash basis, recognizing the expense only when cash was paid to retirees. Be sure to cite your sources and treat direct quotes properly.