Financial Accounting Standards & Regulations

You can make FINCAD solutions part of your company's strategy to comply with financial accounting standards such as IAS 39, FAS 133, FAS 157, and CICA section 3865, or regulations such as Basel II and Sarbanes-Oxley. FINCAD's proven industry standard solutions play a critical role in helping you comply with standards and regulations that require fair value pricing, risk assessment or hedge effectiveness testing.

FINCAD's solutions contain industry standard, cross-asset class, market-tested analytics. They provide full transparency with comprehensive documentation of all models, calculation methodologies, and references. This gives you the ability to verify and validate every aspect of the valuation.

Click on the link in each section below to learn more about FINCAD's role in financial accounting standards and regulations.

Derivatives and Hedging

International standard: IAS 39
US standard: FAS 133
Canadian standard: CICA 3855 & 3865 (AcG-13 for private companies)

Fair Value Measurements

International standard: IAS 39
US standard: FAS 157
Canadian standard: CICA 3865

Disclosures

International standard: IFRS 7
US standard: FAS 161
Canadian standard: CICA 3862

Employee Stock Options (ESOs)

International standard: IFRS 2
US standard: FAS 123/123R
Canadian standard: CICA 3870

Business Regulations

Banking regulation: Basel II
CSR regulation: Sarbanes-Oxley

We hope that such information will assist you, but it should not be used or relied upon as a substitute for your own independent research. For a more comprehensive view of the standards/requirements, please visit the respective issuer's website.