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What accounting and tax issues are involved when a business undertakes a hedging program in the futures markets?

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What accounting and tax issues are involved when a business undertakes a hedging program in the futures markets?

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The Financial Accounting Standards Board (FASB) has adopted Generally Accepted Accounting Principles (GAAP) to be followed when a business accounts for a hedge transaction using derivatives. Providio urges you to consult your accounting professional when considering these transactions.

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