EY helps clients create long-term value for all stakeholders. Enabled by data and technology, our services and solutions provide trust through assurance and help clients transform, grow and operate.
At EY, our purpose is building a better working world. The insights and services we provide help to create long-term value for clients, people and society, and to build trust in the capital markets.
Our To the Point discusses the FASB’s proposal that would amend certain aspects of its guidance on hedge accounting to better reflect an entity’s risk management activities in the financial statements. Among other things, the proposal would expand the hedged risks permitted to be aggregated in a group of individual forecasted transactions and increase the variable price components eligible to be designated as the hedged risk in the forecasted purchase or sale of nonfinancial assets. Comments are due by 25 November 2024.