Lawers, Regulators: Disclosure Lags Behind Derivatives Activity
- AC133 = a R$Â£Â¥%â‚¬ nightmare, says business. Vermeulen, Amanda // Finance Week;9/15/2003, p8
Examines the implications of the accounting standard AC133. Resistance by banks against implementing the standard; Links between derivatives and downfall of companies; Disclosures in financial statements required by the standard.
- FRS 13 and Treasury policy. O'Shea, Niall // Accountancy Ireland;Dec1999, Vol. 31 Issue 6, p12
Discusses the policy of Ireland on derivatives and other financial instruments. Disclosure requirements; Preparing a formal treasury policy; Determining the risks on credit and currency.
- Advice from Early Adapters Of FAS 133. Reiner, Eric L. // Treasury & Risk Management;Oct2000, Vol. 10 Issue 8, p16
Offers advice from the early adapters of FAS 133, the accounting standard that requires disclosure of the value of derivatives and other hedge positions for fiscal years beginning after last June 15, 2000 in the United States. Violations in documentation requirements; Need for close...
- FOREIGN EXCHANGE HEDGING POLICY DISCLOSE OR NOT? Ross, Derek // Accountancy;May90, Vol. 105 Issue 1161, p116
This article discusses whether British companies should disclose their foreign exchange hedging policy in their financial statements. The details of a company's hedging policy can be essential information for shareholders. It may also be useful for competitors; so deciding whether or not to...
- Derivatives: The Other Shoe Waiting To Drop. Maggs, John // National Journal;9/27/2008, p17
The article focuses on the potential threat posed by the $600 trillion market for over-the-counter derivatives in the U.S. According to the author, financial derivatives are most commonly bets on the future price of something. It states that the practice started out as a way to hedge risk, but...
- AIMR Proposes the Addition of Leverage & Derivatives Provisions to the Global Investment Performance Standards (GIPS). Caccese, Michael S.; Lim, Christina H. // Venulex Legal Summaries;2003 Q2, p1
The article focuses on the public comment request issued by the Leverage and Derivatives Subcommittee of the Investment Performance Council of the Association for Investment Management and Research (AIMR) in the U.S. The new provisions proposed by AIMR address the calculation and presentation of...
- Disclosures on Derivatives and Hedging Transactions. Kawaller, Ira G. // CPA Journal;Oct2012, Vol. 82 Issue 10, p38
The article discusses the types of information that financial reporting entities must include in their disclosures on derivatives and hedging transactions in order to satisfy more financial statements readers in the U.S. These include the types of derivatives that were used, the location and...
- Understanding derivatives. Chisnall, Paul // Accountancy;Oct95, Vol. 116 Issue 1226, p95
Reports on the banking industry's proposed blueprint for disclosing information on derivatives in Great Britain. Pressure on banks to provide more information on derivative activities in their published financial statements; Valuation and income negotiation.
- MOBIL'S TAKE ON DERIVATIVES DISCLOSURE. Ferling, Rhona L. // Financial Executive;Mar/Apr95, Vol. 11 Issue 2, p58
The article presents commentary from Richard Stock of Mobil Corp. on how his firm manages and discloses its derivatives exposures. Stock notes that Mobil uses derivatives to reduce borrowing costs and hedge foreign-exchange risk. He also emphasizes the importance of keeping senior management...