FASB Summary of February 28, 2001 Board Meeting Discussion
Derivatives Implementation Group
Summary of February 28, 2001 Board Meeting Discussion on St atement 133 Implementation Issues
Financial instruments: derivatives implementation. The Board decided not to object to the staff making clarifying editorial changes to Statement 133 Implementation Issue No. H8, "Measuring the Amount of Ineffectiveness in a Net Investment Hedge," related to FASB Statement No. 133, Accounting for Derivative Instruments and Hedging Activities. The Issue had previously been cleared by the Board at the December 13, 2000 meeting and posted on the FASB website.