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FASB meets to discuss its hedging project

  • FASB meeting Image

Sep 23, 2014

At today’s meeting, the FASB discussed the future direction of its hedging project. The FASB staff presented to the Board a summary of feedback received on the hedging sections of its 2010 proposed ASU, “Accounting for Financial Instruments and Revisions to the Accounting for Derivative Instruments and Hedging Activities.”

The staff proposed to the Board two alternatives for proceeding with the hedging project. No formal decisions were reached at this meeting. Formal deliberations of the hedging project will continue on a future date.

For more information, see the related Deloitte Accounting Journal entry and meeting minutes on the FASB’s Web site.

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