Commodity Hedging: Lessons Learned by Early Adopters of New Hedge Accounting Rules

For public companies with a December 31, 2018 fiscal year-end, new hedge accounting rules will become effective on January 1, 2019. The FASB (Financial Accounting Standards Board) issued the new hedge accounting guidance on August 28, 2017, through ASU (Accounting Standards Update) No. 2017-12. The ASU provided the election to…

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Author Profile
Managing Director -

As a Managing Director at Opportune, Shane assists companies and financial institutions throughout North America, South America, Europe and Asia-Pacific in their understanding of what is possible as they deal with the challenges of implementing risk management programs and highly technical accounting pronouncements. Shane oversees the risk management, derivatives, stock-based compensation and complex securities service offerings of Opportune. He assists clients with the entire risk management life cycle, including strategy, execution, compliance, valuation and hedge accounting. He has undergraduate and graduate degrees in accounting from Oklahoma State University. He is also a member of the American Institute of Certified Public Accountants.

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