By: Tim Potter, CPA, Senior Manager Official announcement from FASB Today, FASB issued narrow-scope improvements to its financial...

By: John Trefethen, Director & Co-Founder All other things being equal, shareholders, owners and executives like earnings to be...

As attractive as this new ratable method may be, in certain cases, it might be preferable to avoid this treatment and apply an alternative m

Under the rules of fair value hedge accounting, a prerequisite condition is that the hedge should be highly effective in offsetting this spe

New York, NY – – The American Metal Markets held their 33rd annual Steel Success Strategies Conference June 25 – June 26. Delegates from...

The fact is, one leg of the swap does serves as an offset, but the other leg delivers a wholly unpredictable result that will vary, dependin

Most banks and credit unions have similar business models – they fund long-term assets (loans to customers) with short-term liabilities (dep

Generally, any derivative that can be expected to be “highly effective” in offsetting the change in the value of the net investment due to c

Large segments of derivatives users will see improvements, making both the process and the presentation of hedge accounting more intuitive a

The amended guidance takes a different position. It authorizes a last-of-layer approach that allows entities to hedge some notional amount o