From the March 2007 issue of Treasury & Risk magazine

Set for the Long Haul

But it's a daunting task to essentially review all the hedges you have put on over the last five years and correct what you thought was okay. It would have been simpler if the rules had been changed so companies could more easily adjust what had been done before, rather than going back to square one. For instance, simply eliminating the shortcut entirely would have made the treasurer's job easier and less politically sensitive.

T&R: How has strict enforcement of hedge accounting rules changed the use of derivatives?


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