Derivatives and credit derivatives have emerged as significant areas of interest in portfolio planning and risk management. In this book, Mark Anson examines the accounting and taxation implications of these instruments, including the new accounting rules for derivative instruments promulgated by the financial Accounting Standards in the United States, the Accounting Standards Board in Great Britain, and the International Accounting Standards Committee. Regulatory requirements for disclosing derivatives and tax considerations for derivative instruments are discussed (including TRA-97.) Additionally, the book reviews the regulatory accounting deadlines introduced by the Securities and Exchange Commission and the Commodity Futures Trading Commission.
Book Details:
- Author: Mark J. P. Anson
- ISBN: 9780470333860
- Year Published: 1999
- Pages: 186
- BISAC: BUS027000, BUSINESS & ECONOMICS/Finance
About the Book and Topic:
Derivatives and credit derivatives have emerged as significant areas of interest in portfolio planning and risk management. In this book, Mark Anson examines the accounting and taxation implications of these instruments, including the new accounting rules for derivative instruments promulgated by the financial Accounting Standards in the United States, the Accounting Standards Board in Great Britain, and the International Accounting Standards Committee. Regulatory requirements for disclosing derivatives and tax considerations for derivative instruments are discussed (including TRA-97.) Additionally, the book reviews the regulatory accounting deadlines introduced by the Securities and Exchange Commission and the Commodity Futures Trading Commission.
This book provides comprehensive coverage of the accounting and taxation of derivatives instruments in the U.S. and internationally. The chapters are: 1. Accounting for Derivatives: An Introduction to the Issues; 2. New Accounting Rules from FASB: SFAS 133; 3. Regulatory Requirements for Derivatives Disclosure; 4. International Accounting Rules for Derivatives: IASE62; 5. International Accounting Rules for Derivatives: FRS 13; 6. The Tax Treatment of Derivative Instruments; 7. The Tax Relief Act of 1997.
About the Author
Mark J.P.Anson, Ph.D., CFA, CPA is a portfolio manager at Oppenheimer Funds, Inc.