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[print version]
On Sept. 1, 2010 FEI's Committee on Corporate Reporting ("CCR") and Committee on Corporate Treasury ("CCT") jointly signed a letter to the FASB commenting on the exposure draft Accounting for Financial Instruments and Revisions to the Accounting for Derivative Instruments and Hedging Activities.
The letter commented broadly on the financial instrument expsure draft. In addition, the committees supported the intent behind a simplified approach to accounting for derivatives and hedging, but raised concerns with certain technical aspects of the hedging model.
[print version]
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