Journal article
Response to the FASB Discussion Document "Accounting for Hedging and Other Risk-adjusting Activities: Questions for Comment and Discussion"
Accounting horizons, Vol.9(1), pp.87-91
03/01/1995
Abstract
The article presents the American Accounting Association's answers to the questions posed by the Financial Accounting Standards Board on hedging and other risk-cutting activities. It is reported here that the AAA committee believes that the best approach for hedging activities is a mark-to-market hedge accounting model. It is noted, however, that a full adoption of this approach would involve two fundamental changes to the traditional historical cost accounting model: (1) a change to reporting at fair recognized at other than fair value, and (2) a recognition of certain transactions in the financial statements not recognized under the current accounting model.
Details
- Title: Subtitle
- Response to the FASB Discussion Document "Accounting for Hedging and Other Risk-adjusting Activities: Questions for Comment and Discussion"
- Creators
- Mary E BarthJohn A ElliottDaniel W CollinsG Michael CroochThomas J FreckaEugene A Imhoff JrWayne R LandsmanRay G Stephens
- Resource Type
- Journal article
- Publication Details
- Accounting horizons, Vol.9(1), pp.87-91
- ISSN
- 0888-7993
- eISSN
- 1558-7975
- Publisher
- Sarasota, FL :American Accounting Association, c1987
- Language
- English
- Date published
- 03/01/1995
- Academic Unit
- Accounting
- Record Identifier
- 9984963138002771
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