No Rush To Apply FASB Statement 133

January 1999
Financial Executive;Jan/Feb1999, Vol. 15 Issue 1, p59
Academic Journal
The article reports on the reaction of corporate treasurers to the Financial Accounting Standard Board (FASB) Statement No. 133, which sets standards for the accounting of derivatives and hedging activities in the United States. A majority of financial executives who attended a meeting of the Financial Executives International organization indicated that implementation of FASB Statement No. 133 would be delayed until next year. The reasons given for the delay includes being involved in merger projects and concerns about comptrollership.


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