Under U.S. GAAP, where are changes in the fair value of derivatives reported?
A) As part of "Accumulated Other Comprehensive Income" on the Balance Sheet
B) They are not recognized until the options are exercised
C) Retained Earnings
D) None of the above

Question

Quizplus · Accepted Answer

Changes in the fair value of derivatives are reported as part of "Accumulated Other Comprehensive Income" on the Balance Sheet under U.S. GAAP.

Under US GAAP, Where Are Changes in the Fair Value of of Derivatives