New rules on how to classify and measure financial instruments take effect next year, but companies may not be paying nearly as much attention to it as they are to approaching revenue recognition and lease accounting standards.
All public companies are required to adopt a new standard on the classification and measurement of financial instruments in 2018. Yes, that’s the same launch date as a much bigger standard on recognizing revenue in financial statements, to be followed a year later by a new method to account for leases.
