SEC increases disclosures about derivatives

✍ Scribed by Paul Munter

• Book ID: 102874623
• Publisher: John Wiley and Sons
• Year: 1998
• Tongue: English
• Weight: 612 KB
• Volume: 9
• Category: Article
• ISSN: 1044-8136
• DOI: 10.1002/jcaf.3970090203

✦ Synopsis

At best, a new FASB standard for accounting for derivatives won't be implemented for many months, so the SEC has decided companies must increase their disclosures about derivatives now. The author reviews how the extensive SEC release on the topic adds to the requirements of the old FAS 119 Standard.