USA TO RECEIVE NEW HEDGE ACCOUNTING STANDARD
July 1st, 2016
THE USA’s Financial Accounting Standards Board (FASB) has approved a new accounting standard improving and simplifying American hedge accounting rules – the update will be released in August. Financial reports of hedges would be refined and expanded for both mitigation of financial (such as interest and exchange rate changes) and commodity risks. The goal is boosting transparency within financial statements and related footnotes, for investors and ...
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