New Accounting Rules Could Encourage use of Derivatives
Changes to accounting rules for derivatives may prompt companies to start using reasonable derivative-based risk-management tools, said Jim Kroeker of the Financial Accounting Standards Board. Kroeker suggested this was one possible benefit of FASB’s proposal for hedge accounting, which could be issued in September.
To read the full article in Bloomberg, click: Will Planned Derivatives Accounting Changes Stem Flow of Restatements, Improve Risk Management?
