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GTreasury Releases New Module for ASC 815 Hedge Accounting Standard UpdateCorporate treasury departments accounting for derivatives under FASB's ASC (News - Alert) 815 hedge accounting standard can now use a new software module from GTreasury to comply with the accounting standard update (ASU), effective January 2019 for public companies. GTreasury is an integrated SaaS (News - Alert) solution for treasury and risk management. "Mandatory reporting is right around the corner, and our clients will be able to benefit now," says GTreasury Vice President of Market Development, Risk, Peter Seward. "These are very positive changes to the North American hedge accounting standard that will bridge the gap between the accounting and economic outcomes of derivatives use, and will in most cases, help reduce P&L volatility. The release of our new module underscores GTreasury's visual approach to complex topics, and it complements our well-known cash management and debt and investment offerings, reinforcing GTreasury's position as a leading treasury and risk management system." Using GTreasury's new module, companies can execute on:
For more information about GTreasury, or to schedule a demonstration of the new ASU for ASC 815 module, please visit www.GTreasury.com or email [email protected]. About GTreasury GTreasury is the leading innovator of integrated SaaS treasury and risk management solutions for the digital treasurer. Developed using the latest technology, GTreasury helps empower organizations on their path to strategic treasury, by enabling total visibility into their cash, liquidity, payments and financial risk management. With enterprise clients spanning North America, EMEA and APAC, GTreasury is headquartered in Chicago with offices in London, Sydney and Manila.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181010005274/en/ |