Derivatives and Hedging offers paragraph-by-paragraph interpretations of Topic 815, Derivatives and Hedging, of the FASB’s Accounting Standards CodificationTM. The interpretations in this publication reflect the authors’ extensive experience helping clients anticipate and implement FASB requirements, as well as their frequent interactions with staff of the Securities and Exchange Commission (SEC), FASB, and others in the accounting profession. This publication, which stands as the most comprehensive, in-depth, and up-to-date resource of its kind, is used by directors of financial reporting, Treasury Department executives, derivatives and hedging specialists, legal counsel, chief financial officers, controllers, and investment officers.
Benefits
- Organized by FASB paragraph number
- Considers additional literature such as other FASB topics, DIG Issues, EITF Issues, and SEC Bulletins
- Is well cross-referenced to authoritative literature, making it unique
- Provides the current information that professionals require when making derivatives decisions affecting millions of dollars
Topic Areas
- Cash flow hedges
- Determining and accounting for impairment
- Determining and recording fair value
- Foreign currency hedges
| - Identifying and bifurcating embedded derivative instruments
- Implementation guidance and disclosure rules
- Recognition and measurement of derivative instruments and hedging activities
|
Features
| Introduction | Introduces the basic requirements of Topic 815, Derivatives and Hedging, of the FASB's Accounting Standards Codification™ |
| Comprehensive Interpretation | Provides paragraph-by-paragraph interpretations of Topic 815, with interpretive material immediately following excerpts from the official text to which they relate (official text is shaded to distinguish it from interpretation and commentary) |
| Question-and-Answer Format | Clearly addresses both common and complex issues |