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 19.
2. lappuse
... accounting results of a transaction should deviate substantially from the economic results of the same transaction and , if we are wrong , perhaps our witnesses will explain that to us . I understand that FAS 133 , for example , is 2.
... accounting results of a transaction should deviate substantially from the economic results of the same transaction and , if we are wrong , perhaps our witnesses will explain that to us . I understand that FAS 133 , for example , is 2.
3. lappuse
... example , is a stepping stone , an evolutionary step to a full fair value accounting for all derivative instruments . Such fair value accounting , in my view , will substan- tially reduce the difference between the accounting and ...
... example , is a stepping stone , an evolutionary step to a full fair value accounting for all derivative instruments . Such fair value accounting , in my view , will substan- tially reduce the difference between the accounting and ...
5. lappuse
... examples of Fannie and Freddie force us to ask whether accounting standards for derivatives should be re - evaluated . As we address this question , I look forward to hearing from our distinguished panel . Thank you all for ...
... examples of Fannie and Freddie force us to ask whether accounting standards for derivatives should be re - evaluated . As we address this question , I look forward to hearing from our distinguished panel . Thank you all for ...
7. lappuse
... example , Mr. Wallison's written statement spends roughly two pages criticizing GAAP accounting and the effectiveness of regulation in general , but all the rest of his testimony criti- cizes the substantive benefits and risks of the ...
... example , Mr. Wallison's written statement spends roughly two pages criticizing GAAP accounting and the effectiveness of regulation in general , but all the rest of his testimony criti- cizes the substantive benefits and risks of the ...
10. lappuse
... example of a fair value hedge is the use of an interest rate swap to change the interest rate risk on a fixed - rate bond from fixed to floating . In a perfect hedge , hedge accounting will show net interest expense at the new floating ...
... example of a fair value hedge is the use of an interest rate swap to change the interest rate risk on a fixed - rate bond from fixed to floating . In a perfect hedge , hedge accounting will show net interest expense at the new floating ...
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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
Populāri fragmenti
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...