Comments on hedging proposal


On July 7, Grant Thornton submitted a comment letter in response to the FASB’s proposal to (1) permit additional fair value hedge accounting strategies involving portfolios of financial assets, thereby building upon a methodology introduced in ASU 2017-12, and (2) specify the accounting for basis adjustments arising from applying such strategies.

Although we support the Board’s proposal, we ask the Board to consider two areas for further clarification.

To read about this and more, download the comment letter.


More comment letters