*Letters

TBMA Submits Comments to the AICPA on Accounting for Certain Derivative Instruments and Hedging Activities

Published on:
August 12, 2002

The Bond Market Association (TBMA) provides comments to the American Institute of Certified Public Accountants (AICPA) on a proposed statement of position issued by the Accounting Standards Executive Committee (AcSEC), Accounting for Derivative Instruments and Hedging Activities by Not-for-Profit Health Care Organizations and Clarification of the Performance Indicator, File 2850.PH. TBMA notes that certain aspects of the position would affect debt convention ratios that require the inclusion of Generally Accepted Accounting Principles (GAAP) income in their calculation. In addition, TBMA recommends that ACSEC require a realistic effective date that will give affected entities the time to revise debt agreements.

*SIFMA is the product of a merger between the Securities Industry Association (SIA) and The Bond Market Association (TBMA) in 2006.

Details

Download

More Content

  • Amicus Briefs
    Oct 05, 2026

    In re The Boeing Company Securities Litigation

  • Letters
    Oct 05, 2026

    Reducing Duplicative Regulation and Expanding Exemptions for Commodity Pool Operators and Commodity Trading Advisors

    SIFMA AMG comments on CFTC proposals to reduce duplicative regulation for certain CPOs and CTAs and account for inflation.
  • Letters
    Sep 30, 2026

    Proposed Rule Change to Amend FINRA Rules 0150, 2165, 4512 and to Adopt FINRA Rule 2166

    SIFMA Comments to SEC in support of the proposed rule changes to improve the utilization of Rules 2165 and 4512, as well as the new Rule 2166 to allow for a temporary delay for suspected fraud.

Get the latest trends, stats, and research on financial markets and securities.