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FASB nears release of final standard on hedge accounting

Tammy Whitehouse | June 7, 2017

Add a new standard on hedging to the onslaught of accounting changes companies will have to deal with in the next few years as the Financial Accounting Standards Board prepares to issue its third and final new standard dealing with financial instruments.

After wrapping up its redeliberation of comments on a 2016 exposure draft, FASB expects to publish its final Accounting Standards Update on hedge accounting in August 2017. The new standard is expected to take effect for public companies in fiscal years beginning after Dec. 15, 2018. That means calendar-year companies will begin applying it in 2019, a year after companies adopt new...

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