FASB Proposes Accounting Relief for LIBOR Transition

Presenters/Authors
Related Industries
Changing Piling Up

The London Interbank Offered Rate (LIBOR) has become the world’s primary benchmark for short-term interest rates. However, due to a rate-setting scandal and a significant decline in the transaction volume used to set LIBOR rates, it is expected that a number of banks currently reporting information used to set LIBOR will stop doing so after 2021. Read on for more information on what’s being done about this global issue.

DOWNLOAD PDF


Thumbnail

How can we help you?