IAS39 problems and solutions

Treasurers might be familiar with the basics of IAS39, but it's the details that will force them to change their funding and hedging strategies. Euromoney's panel of experts discusses the profound implications of this complex piece of regulation.

SD, PricewaterhouseCoopers Given the ongoing changes to IAS39 and their implications, perhaps we could start by getting Pauline to explain the latest situation.

PW, PricewaterhouseCoopers Well, the main point to make is that IAS39 is a work in progress. The standard was revised significantly at the end of December. And we have learnt that another exposure draft is expected in April that will look at whether people have the right to choose to fair value everything or not. The latest estimate of when we might see a final version of the standard is November or December 2004.

The area that's been the most controversial throughout the development of IAS39 is hedging. In that area, there were a few changes made in December to make the standard more comparable with US GAAP, but the key areas that we had hoped for change on were not changed at all.

A key...

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IAS39 problems and solutions

Treasurers might be familiar with the basics of IAS39, but it's the details that will force them to change their funding and hedging strategies. Euromoney's panel of experts discusses the profound implications of this complex piece of regulation.

You must be a trialist or subscriber to view this content

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IAS39 problems and solutions

Treasurers might be familiar with the basics of IAS39, but it's the details that will force them to change their funding and hedging strategies. Euromoney's panel of experts discusses the profound implications of this complex piece of regulation.

You must be a trialist or subscriber to view this content

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