The Financial Accounting Standards Board(FASB)today issued a proposal that would provide investors and others with better information about the effects of derivative and hedging activities on a company's financial...The Financial Accounting Standards Board(FASB)today issued a proposal that would provide investors and others with better information about the effects of derivative and hedging activities on a company's financial statements.The proposed Statement specifically addresses constituents' concerns that existing disclosure requirements associated with FASB Statement No.133,Accounting for Derivative Instruments and Hedging Activities,do not provide adequate information to financial statement users.'The proposed disclosure requirements are intended to enhance understanding of how and why entities use derivatives,how they are accounted for in an entity's financial statements,and how they affect an entity's financial position,results of operations,and cash flows,' said Kevin Stoklosa,FASB Project Manager.展开更多
文摘The Financial Accounting Standards Board(FASB)today issued a proposal that would provide investors and others with better information about the effects of derivative and hedging activities on a company's financial statements.The proposed Statement specifically addresses constituents' concerns that existing disclosure requirements associated with FASB Statement No.133,Accounting for Derivative Instruments and Hedging Activities,do not provide adequate information to financial statement users.'The proposed disclosure requirements are intended to enhance understanding of how and why entities use derivatives,how they are accounted for in an entity's financial statements,and how they affect an entity's financial position,results of operations,and cash flows,' said Kevin Stoklosa,FASB Project Manager.
