Accounting Guidance For Derivative Instruments
In June 1998, the Financial Accounting Standards Board (FASB) issued Statement of Financial Accounting Standards No. 133, “Accounting for Derivative Instruments and Hedging Activities” (“FAS …
Posts tagged Cash flow hedge
Accounting Treatment for Derivatives [GAAP under IFRS]
Technically, a derivative is simply an asset whose value is dependent on the value of something else, an underlying asset. A forward contract to buy …