Hedge accounting has never been for the faint of heart, not when treasuries must deal with the increasingly confusing framework of FAS 133. Not surprisingly, almost half of participating executives in Treasury & Risk's 2007 Financial Risk Management Survey report that while they continue to do hedge accounting, they either limit or have cut out entirely use of the now infamous shortcut option available under the accounting rule. But despite the controversy, companies continue to use derivatives at about the same rate, primarily to hedge transactions. The survey is based on the responses of 190 senior finance executives, taken between Feb. 14 and Feb. 21 2007.

Continue Reading for Free

Register and gain access to:

  • Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
  • Informative weekly newsletter featuring news, analysis, real-world cas studies, and other critical content
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
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.