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dc.contributor.advisorNorton, Curtisen_US
dc.contributor.authorLogman, Jason E.en_US
dc.date.accessioned2016-02-26T20:56:44Z
dc.date.available2016-02-26T20:56:44Z
dc.date.issued1996
dc.identifier.urihttp://commons.lib.niu.edu/handle/10843/15864
dc.description.abstractInterest rate swaps are becoming increasingly popular in financial markets today, both for speculative and hedging purposes. Because of this increase in use, it was necessary for the Financial Accounting Standards Board and the Securities and Exchange Commission to begin regulating the disclosure of these financial derivatives. Although several pronouncements from both of the previously mentioned governing bodies have been released in the past few years, the minimum requirements do not fully present a company's financial position in regard to their use of interest rate swaps. Since the majority of publicly held companies are meeting only the minimum requirements, many third party users are not given full disclosure. The purpose of this paper is to describe the current accounting standards set forth by the FASB and the SEC, to provide sample disclosures from several annual reports, and finally to recommend improvements that will enhance third party user's knowledge of a company's interest rate swap position.en_US
dc.format.extent35 pagesen_US
dc.language.isoen_USen_US
dc.publisherNorthern Illinois Universityen_US
dc.rightsNIU theses are protected by copyright. They may be viewed from Huskie Commons for any purpose, but reproduction or distribution in any format is prohibited without the written permission of the authors.en_US
dc.subjectaccountingen_US
dc.subjectinterest rate swapen_US
dc.subjectcurrent disclosuresen_US
dc.titleInterest Rate Swaps: Are Current Disclosures Adequate?en_US
dc.type.genreDissertation/Thesisen_US
dc.typeTexten_US
dc.contributor.departmentDepartment of Accountancyen_US
dc.description.degreeB.S. (Bachelor of Science)en_US


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