A new U.S. accounting standard that makes it easier to account for hedges is likely to encourage more corporates to hedge.

The Financial Accounting Standards Board voted last month to finalize the new hedge accounting standard, and the final standard is due out in August.

Companies interested in using the new standard won't have to wait long. The effective date is the start of 2019 for public companies and the start of 2020 for private companies, but businesses are allowed to adopt the new standard early.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.