See what PwC thinks about the FASB’s proposed improvements related to hedge accounting. Some amendments are helpful, but we have concerns about others.
PwC submitted its comments on the FASB’s proposed Accounting Standards Update, Derivatives and Hedging (Topic 815), Codification Improvements to Hedge Accounting.
We support the Board’s efforts to clarify the objectives and application of certain areas of the hedge accounting guidance. However, we have concerns about whether the proposed guidance will provide the intended clarifications and desired improvements to hedge accounting under Topic 815.
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