Derivatives Accounting

Hume, Lynn
January 2006
Bond Buyer;1/27/2006, Vol. 355 Issue 32307, p1
Trade Publication
The article reports on the plans of the Governmental Accounting Standards Board to issue a preliminary views document on its derivative accounting project to obtain more input from municipal officials and other participants before proposing guidance in the United States. The project is controversial because it may force many issuers for the first time to account for derivatives transactions on their balance sheets at fair value.


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