In Accounting for Derivatives, Editor Raymond E. Perry joins with seven of today's leading financial minds to explore the state of accounting for derivatives. Instead of providing the vague, unclear explanations of derivatives normally available, these writers provide a clear, concrete overview of the subject, from a thorough description and explanation of derivatives themselves to the adequacy of management controls over derivative operations. Accounting for Derivatives provides an all-encompassing overview of derivative trading strategies and valuation techniques, explains the nuances of FASB and SEC statements, offers interpretive guidance and proposes methods to account for situations not specifically covered by current guidelines. Accountants, financial officers, finance managers and students of accounting will all benefit from the insightful analyses contained in Accounting for Derivatives.