From Name:
From Email:
To Name:
To Email:

Optional Message:

FASB Addresses Derivative Contract Novations in New Standard

from AccountingWEB

The Financial Accounting Standards Board issued a new standard March 10 that determined that the novation of a derivative contract in a hedge accounting relationship does not, in and of itself, require dedesignation of that hedging relationship. The new guidance was developed by the FASB's Emerging Issues Task Force. more

Powered by MultiBriefs
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063