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FASB News

Editorial analysis of the latest FASB developments — ASUs, exposure drafts, standard amendments, and financial reporting guidance.

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ASC 815Hedge AccountingDerivatives

FASB Proposes Targeted Improvements to Hedge Accounting Guidance

On June 17, 2026, FASB issued a proposed Accounting Standards Update with targeted improvements to hedge accounting guidance under ASC 815, Derivatives and Hedging. The exposure draft responds to practice feedback gathered since the landmark ASU 2017-12 reforms and proposes refinements to simplify documentation requirements, clarify effectiveness assessment, and address specific hedge relationship types that have presented implementation challenges.

17 Jun 2026