New risks revealed. (interest rate swaps): An article from: The National Public Accountant

This digital document is an article from The National Public Accountant, published by National Society of Public Accountants on July 1, 1996. The length of the article is 4126 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Interest rate swaps have been used by borrowers to change the nature of their loans' interest rates. This type of derivative instrument synthetically transforms a floating rate to a fixed rate. Companies also utilize this technique in managing their finances. Swaps are often used for speculating in the stock market, decreasing funding costs, matching assets and liabilities and as a tool for risk management. The Financial Accounting Standards Board has proposed standards for accounting interest rate swaps.

Citation Details
Title: New risks revealed. (interest rate swaps)
Author: Arlette C. Wilson
Publication:The National Public Accountant (Magazine/Journal)
Date: July 1, 1996
Publisher: National Society of Public Accountants
Volume: v41 Issue: n7 Page: p16(8)

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