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FASB’s new hedging standard opens door to new strategies

Tammy Whitehouse | September 6, 2017

Companies have yet another new accounting standard to adopt, but this time they can’t wait to get started.

That’s the word from accounting experts who are practically giddy over the latest release from the Financial Accounting Standards Board. The new standard on hedge accounting has been a long time coming, they say.

“This is exciting stuff in our space,” says Helen Kane, president of Hedge Trackers. “Frankly, it’s reducing compliance risk.”

Public company accounting departments have taken a beating over the past several months as they have tried to get ready for the new revenue recognition standard that takes effect in a few short months with the start of the 2018 reporting year.... To get the full story, subscribe now.