Derivatives and hedge accounting

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Derivatives and hedge accounting

In August 2017, the FASB issued ASU 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities.
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David Koch is leaving Koch Industries, stepping down from Americans for Prosperity

David Koch, one of the two billionaire brothers at the helm of the powerful conservative political network, is retiring from his family's conglomerate, Koch Industries, and stepping down as chairman of the Americans for Prosperity Foundation.
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Italian Markets Are Having Another Tough Day

Telecom Italia SpA's 670 million euros of bonds due in 2055 dropped 2.6 cents on the euro to 105.7 cents, data compiled by Bloomberg show.
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Reasons to start using MYOB accounting software

MYOB accounting software (Mind Your Own Business) refers to a digital bookkeeping package that gives business owners the ability to complete all of
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New accounting rule won't instantly affect nonprofit hospital ratings, S&P says

A recent accounting standard change for hospitals reporting bad debt won't have an immediate effect on U.S. nonprofit hospitals' ratings, according to
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