SP: Standard & Poor's Responds To IASB's Exposure Draft On Hedge Accounting
April 5, 2011 - In this CreditMatters TV segment, Standard & Poor's Director and Accounting Specialist Sam Holland provides our perspective on the proposed changes to the International Accounting Standards Board's (IASB) Exposure Draft on hedge accounting. Overall, we support the proposed changes, which should make hedge accounting more accessible for companies using derivatives for risk management purposes. We feel such changes would also provide more transparency about hedging activities and will better reflect companies' risk management activities. The proposal itself would have little effect on our credit analysis process.
