FASB derivative accounting standards: hearing before the Subcommittee on Commerce, Trade, and Consumer Protection of the Committee on Energy and Commerce, House of Representatives, One Hundred Eighth Congress, first session, July 22, 2003U.S. Government Printing Office, 2003 - 62 lappuses |
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1.–5. rezultāts no 38.
2. lappuse
... company's true economic condition ? Derivative instruments entail both significant benefit and risk for companies that have come to rely on them for managing the op- erating and market risk . This is significant considering that the cu ...
... company's true economic condition ? Derivative instruments entail both significant benefit and risk for companies that have come to rely on them for managing the op- erating and market risk . This is significant considering that the cu ...
3. lappuse
... companies for workers , inves- tors , and pension holders . To their credit , FASB has a long history of working diligently to create clear accounting standards . Changes and innovation in our financial markets and political pressure ...
... companies for workers , inves- tors , and pension holders . To their credit , FASB has a long history of working diligently to create clear accounting standards . Changes and innovation in our financial markets and political pressure ...
4. lappuse
... companies to distort their balance sheets and hide the true value of their derivatives . I worry that a FASB attempt to clarify the rule will once again be overwhelmed by the same opposition and threaten to weaken the existing rule . I ...
... companies to distort their balance sheets and hide the true value of their derivatives . I worry that a FASB attempt to clarify the rule will once again be overwhelmed by the same opposition and threaten to weaken the existing rule . I ...
5. lappuse
... companies with complex flexibility_in their compliance with FAS 133 , is the purpose of this rule negated altogether ? The fair value rule is established in twenty pages , but the next several hundred pages outline the flexibility ...
... companies with complex flexibility_in their compliance with FAS 133 , is the purpose of this rule negated altogether ? The fair value rule is established in twenty pages , but the next several hundred pages outline the flexibility ...
6. lappuse
... companies to account for them is realistic and valuable to investors and other market players . I am especially pleased that Freddie Mac is here today , given the company's re- cent prominence in the news on issues relating to ...
... companies to account for them is realistic and valuable to investors and other market players . I am especially pleased that Freddie Mac is here today , given the company's re- cent prominence in the news on issues relating to ...
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accounting for derivatives accounting rules assets Baker Botts basis points BAUMANN billion cash-flow cash-flow hedge changes companies Congress debt derivative accounting standards derivative contracts derivative instruments derivatives and hedging disclosure earnings economic effect Enron enterprises fair value fair value balance fair value measures Fannie and Freddie Fannie Mae Fannie's FASB FASB's Federal Financial Accounting Standards financial instruments financial reporting financial statements Fixed-rate Freddie Mac Freddie's GAAP GAAP financial gain or loss gains and losses hearing hedged item hedging activities homebuyers homeowners income statement interest rate risk interest rate swap interest-rate June June 25 liabilities LINSMEIER Mac and Fannie Mae and Freddie Mae's mark to market ments mortgage market OFHEO oversight percent portfolio press release principles-based regulator requirements restatement Sarbanes-Oxley Act SCHAKOWSKY SEIDMAN shareholders special hedge accounting special hedging rules Statement 133 STUPAK subcommittee swap testimony Thank tives transaction transparent volatility WALLISON
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12. lappuse - By virtue of today's Commission determination, the FASB will continue its role as the preeminent accounting standard setter in the private sector. In performing this role, the FASB must use independent judgment in setting standards and should not be constrained in its exploration and discussion of issues.
1. lappuse - HOUSE OF REPRESENTATIVES, COMMITTEE ON ENERGY AND COMMERCE, SUBCOMMITTEE ON COMMERCE, TRADE, AND CONSUMER PROTECTION, Washington, DC. The subcommittee met, pursuant to notice, at 10 am, in room 2322 Rayburn House Office Building, Hon.
14. lappuse - If certain conditions are met, a derivative may be specifically designated as (a) a hedge of the exposure to changes in the fair value of a recognized asset or liability or an unrecognized firm commitment...
11. lappuse - The FASB's authority with respect to public enterprises comes from the US Securities and Exchange Commission ("SEC"). The SEC has the statutory authority to establish financial accounting and reporting standards for publicly held enterprises. For 30 years, the SEC has looked to the FASB for leadership in establishing and improving those standards. The SEC recently issued a Policy Statement reaffirming this longstanding relationship.' The Policy Statement, consistent with the language and intent of...
5. lappuse - PREPARED STATEMENT OF HON. HILDA L. Sous, A REPRESENTATIVE IN CONGRESS FROM THE STATE OF CALIFORNIA Mr. Chairman...
9. lappuse - I have brief prepared remarks, and I would respectfully request that the full text of my testimony and all supporting materials be entered into the public record.
14. lappuse - ... portion of the derivative's gain or loss is initially reported as a component of other comprehensive income (outside earnings) and subsequently reclassified into earnings when the forecasted transaction affects earnings. The ineffective portion of the gain or loss is reported...
7. lappuse - I yield back the balance of my time. PREPARED STATEMENT OF HON. JOHN SULLIVAN, A REPRESENTATIVE IN CONGRESS FROM THE STATE OF OKLAHOMA Thank you Mr.
14. lappuse - For a derivative designated as a hedge of the exposure to changes in the fair value of a recognized asset or liability or a firm commitment (referred to as a fair value hedge), the gain or loss is recognized in earnings in the period of change together with the offsetting loss or gain on the hedged item.
9. lappuse - FASB Statement of Financial Accounting Standards No. 133, Accounting for Derivative Instruments and Hedging Activities...