For decades now, companies, especially those that are in the commodities business or depend heavily on commodities, have been hedging. Until recently, it was hard for investors and analysts to understand how companies used contracts. But in 2008, the Financial Accounting Standards Board’s Rule 161 required public companies to classify derivatives in their public filings as either hedging vehicles or non-hedge derivatives.
Despite the intangible in its name, the levy applies broadly to income.
The office of Secretary of State Alex Padilla began accepting applications for marijuana-related trademarks earlier this month.
A recent survey suggests treasury and finance executives are not prepared for new technologies that could transform the way they do business.
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Follow these 4 steps to help protect profit and avoid currency related losses while doing business across borders.
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