Recently, the FASB staff disclosed that the 2008 Exposure Draft language prohibiting hedging of intercompany transactions that eliminate in consolidation are scheduled for inclusion in the redline version of the exposure draft. The redline version has been delayed and is now due out at the end of August though the comment letter period has not been extended and the deadline remains at September 30th. For more info visit www.hedgetrackers.com.
The Board holds a public roundtable meeting on the Exposure Draft, if necessary. Two on October 12, 2010, and Two on October 21, 2010 The staff analyzes comment letters , public roundtable discussion, and any other information obtained through due process activities and redeliberates the proposed provisions, carefully considering stakeholder input The Board issues an Accounting Standards Update describing amendments to the Accounting Standards Codification. Will detail implementation date and early adoption options
Likely delay in Effective Date (2013 or 2014) Could derivative accounting changes come early?
Likely delay in Effective Date (2013 or 2014) Could derivative accounting changes come early?
Likely delay in Effective Date (2013 or 2014) Could derivative accounting changes come early?
Likely delay in Effective Date (2013 or 2014) Could derivative accounting changes come early?
Likely delay in Effective Date (2013 or 2014) Could derivative accounting changes come early?