Proposed financial instrument accounting rules could affect non-financial companies

05/7/2013 | Wall Street Journal/CFO Journal, The

The Financial Accounting Standards Board and International Accounting Standards Board are working on proposals to change financial instrument accounting rules -- proposals that could affect non-financial companies as well as financial companies. Non-financial companies fear that the forthcoming proposed standard, if implemented, will require them to spend more time keeping track of fluctuations in the market value of financial instruments. The FASB is accepting comments on its proposal and will monitor IASB comments too.

View Full Article in:

Wall Street Journal/CFO Journal, The

Published in Brief: