More companies using a broader range of risk-management strategies would qualify for a special accounting method that keeps swings out of their earnings thanks to US accounting standard-setters.
The Financial Accounting Standards Board on Wednesday released a plan to make some parts of notoriously tricky hedge accounting rules easier to apply. The proposal would make more transactions qualify for the accounting method, but it doesn’t fundamentally rewrite any of the rules.
The proposal calls for five relatively small changes to hedge accounting rules. Three are refreshed from a proposal FASB issued in 2019, when the board proposed ...
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