In August 2017, the Financial Accounting Standards Board released ASU No. 2017-12, accounting guidance designed to better align a hedge program with an organization’s risk management objectives as reflected on financial statements. While the...
May
16,
2019
Posted by
Karen Gubler
Reuters - “Canadian, Brazilian oil producers lock in revenues as prices rally: sources"
May
16,
2019
Posted by
Ruth Hardie
The uncertainty of Brexit accompanied by the phasing out of LIBOR has turned the financial services industry in Europe on its head. As organizations take precautions amidst the uncertainty, it has become evident that the number one financial hub...
May
02,
2019
Posted by
Ruth Hardie & Farah Lotia
Bloomberg Tax - “LIBOR'S Looming End Leaves Hedgers, Lenders in a Bind"Nicola M. White, Reporter "This is really so pervasive, it’s going to affect literally every company out there,' said Ernie de Lachica, senior director at BDO USA LLP. Any...
May
02,
2019
Posted by
Ruth Hardie
Bloomberg Opinion - “How Do You Replace the Most Important Number in the World?" Satyajit Das, writing for Bloomberg "A further issue relates to hedging interest rate risk. The nascent derivative markets in new benchmarks don’t currently...
April
02,
2019
Posted by
Farah Lotia
Visual Capitalist “The Top Global Risks in 2019” "91% of respondents to the Global Risks Perception Survey indicated that economic confrontation/frictions between major powers were an expected risk increase in 2019."
April
02,
2019
Posted by
Helen Kane & Ruth Hardie
Global Finance “Fear and Loathing On The Road to Libor's Demise”
December
28,
2018
Posted by
Helen Kane
Under new lease accounting rules, what was once a long-term operating lease off the balance sheet is now a monetary liability, while the offsetting lease asset is non-monetary.
November
30,
2018
Posted by
Mary Ellen Saunders
The talk of the town at AFP Conference 2018 was the importance of hedging. The majority of attendees were treasury professionals who deal with the concept of hedging every day, especially what it means in 2018 and looking ahead to 2019.
