Premium
A ten‐step plan for implementing the controversial new derivatives standard
Author(s) -
Royall Robert L.,
McCray Greg
Publication year - 1999
Publication title -
journal of corporate accounting and finance
Language(s) - English
Resource type - Journals
eISSN - 1097-0053
pISSN - 1044-8136
DOI - 10.1002/1097-0053(199924)10:2<1::aid-jcaf1>3.0.co;2-o
Subject(s) - plan (archaeology) , business , computer science , risk analysis (engineering) , operations management , accounting , economics , history , archaeology
FAS 133 dramatically changes the way many derivatives and hedging transactions are reported. But it is also very complex, which will make implementation difficult for many companies, so the authors strongly urge CFOs to begin adopting the new standard as soon as possible and present a useful ten‐step program for doing so. ©1999 John Wiley & Sons.