Reference rate reform
07.28.2022 | Duration: 17:06
Tune in and explore the potential effects of reference rate reform with a focus on available accounting relief.
Podcast overview
乐鱼（Leyu）体育官网 professionals discuss ASC 848 and the relief that may be available when accounting for the transition away from LIBOR and other interest rates that are expected to be discontinued.
Applicability
- Companies with contracts or hedging relationships that reference an interest rate that is expected to be discontinued (e.g. LIBOR)
Podcast contents
- 00:50聽-聽Reference rate reform summary
- 03:55聽-聽Optional accounting relief
- 10:15聽-聽Example of applying relief
- 14:50聽-聽Sunset (end) date for relief
Explore more
Resource
Handbook: Reference rate reform
Latest edition: Our in-depth guidance on ASC 848鈥檚 optional relief for affected contracts and transactions.
Resource
FASB issues ASU to extend relief for LIBOR transition
Entities can apply accounting relief for contracts and transactions affected by reference rate reform until Dec 31, 2024.
Resource
SEC issues reminders on LIBOR transition
Disclosures for registrants and considerations for investment professionals when recommending LIBOR-linked securities.
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