In comparing the purchase price to the initial selling price, the business should take into account the present value of the money. The effects of the present value of the money may be significant enough for the accounting to be changed from a financing agreement to a lease agreement. Pension transactions are accounted for in different ways depending on the type of repurchase transaction and the terms of the contract. In the case of leasing and calling options, the repurchase price is compared to the original sale price to determine whether the transaction should be considered as a leasing or financing agreement. In the put options, the repurchase price is compared to the initial sale price and the expected market value of the asset at the end of the contract, to determine whether the transaction should be counted as a lease, financing contract or return sale. ASC 606 has significantly changed the focus of the retirement operations guidelines and has become easier. This should simplify some of the ambiguous situations that are currently occurring under asc 605. In particular, consider the following types of transactions: (ii) pension transactions; An agreement in which an asset is sold by one party to another on terms that, in certain circumstances, provide the seller for the repurchase of the asset. divestment and repurchase agreements, which are examples of off-balance sheet financing, are processed by the Financial Reporting Standard 5, Reporting the Substance of Transactions; for financial assets, the relevant international accounting standard is IAS 39, Financial Instruments: Accounting and Valuation. In a number of cases, the agreement is essentially a secured loan in which the seller retains the risks and benefits of ownership of the asset. In this case, the seller must display the initial assets in the balance sheet as well as a liability for the amounts received by the buyer. In this paper, we discuss pension accounting, referring to how pension transactions are labelled in accordance with U.S. insolvency legislation and in light of recent developments in the United States.