Accounting and Tax Rules for Derivatives

by Anson, Mark J. P.

• ISBN13: 9781883249694
• ISBN10: 1883249694
• Edition: 1st
• Format: Hardcover
• Copyright: 1999-11-09
• Publisher: Wiley

Summary

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.

Author Biography

Mark J.P.Anson, Ph.D., CFA, CPA is a portfolio manager at Oppenheimer Funds, Inc.

Table of Contents

About the Author	iv
1. Accounting for Derivatives: An Introduction to the Issues	1	(14)
2. New Accounting Rules from FASB: SFAS 133	15	(36)
3. Regulatory Requirements for Derivatives Disclosure	51	(26)
4. International Accounting Rules for Derivatives: IASC E62	77	(22)
5. International Accounting Rules for Derivatives: FRS 13	99	(22)
6. The Tax Treatment of Derivative Instruments	121	(38)
7. The Taxpayer Relief Act of 1997	159	(18)
Index	177