FAS 133: routine or ruinous?

Two years ago, many predicted that the US Financial Accounting Standards Board’s (FASB) much-criticised derivatives accounting rule – FAS 133 – would force companies to slash their use of derivatives. But a survey of 175 corporates with revenues of between $1 billion and $5 billion, released this month, shows that most have not done so. However, corporate use of exotic hedging tools – the instruments most adversely affected by the rule – remains minimal.

The Maryland-based Association of Finance

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here