FAS 157 and Non-performance Risk for Derivative Financial Instruments: More Than Meets the Eye

July 2009

Arguably no other accounting standard has received so much attention in recent times as Statement of Financial Accounting Standards No. 157 ‘Fair Value Measurements’ (ASC 820, and formerly FAS 157). This article explores the application of ASC 820 on derivatives financial instruments, and showcases the importance of consider the nature of such financial instruments when calculating adjustments for credit risk.

Download Complete Article


Leave a Reply

Your email address will not be published. Required fields are marked *


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Related Article

Real Estate Capital
Real Estate Capital: Market volatility shows lenders and borrowers need to cooperate

Market volatility shows lenders and borrowers need to cooperate
November 10, 2014, Real Estate Capital
By Jamie Macdonald and Jenane Gazal
In loan negotiations, many zero-sum games remind the parties that they are on opposite sides. Defining the reference interest rate over which the margin applies isn’t one of them, but, as recent market turbulence

Read Article