TITLE

GASB Issues Statement on Derivative Instruments (Part 3 of 3)

AUTHOR(S)
Loyd, D. Scot; Crawford, Michael A.
PUB. DATE
August 2008
SOURCE
Governmental GAAP Update Service;8/30/2008, Vol. 8 Issue 16, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the issuance of the final derivative instruments standard by the Governmental Accounting Standards Board (GASB) in the U.S. Called the GASB Statement No. 53 or Accounting and Financial Reporting for Derivative Instruments, it introduces concepts related to accounting and financial reporting for derivatives. It also defines derivative transactions and their related risks.
ACCESSION #
34105259

 

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