FAS 157 and Non-performance Risk for Derivative Financial Instruments: More Than Meets the Eye
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.
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Sept 24: FX Hedge Accounting – Financial Reporting Solutions for Volatile FX Markets
FX Hedge Accounting – Financial Reporting Solutions for Volatile FX Markets
September 24, 2015 | 2 – 3PM ET | 1 hour | Online | by Chatham Financial | Recording Available
The EUR-USD exchange rate was roughly 1.37 on March 31, 2014. Just a year later, on March 31, 2015 that