Thank you for sharing!

Your article was successfully shared with the contacts you provided.

We could learn a lot from our friends in Canada who seem to have nailed both hedge accounting and International Finance Reporting Standards (IFRS) convergence. That’s not the case in the U.S. where hedge accounting under FAS 133 has caused over 200 re-statements since it was implemented eight years ago. Now FASB is proposing FAS 133R in an effort to “simplify” the standard. (See Governance and Accounting on page 20-21)

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.