Reval Webinar to Explore Fair Value and Accounting Rules Proposed for OTC Derivatives


New York, July 21, 2010 – In a week marked by historic financial regulatory reform, the derivative risk management and hedge accounting solutions provider, Reval (, will be hosting a live Webinar designed to help non-financial corporations sort through new rules proposed by the Financial Accounting Standards Board (FASB), which will dictate how companies value and account for the over-the-counter (OTC) derivatives they use to hedge business risk. “Exposure Draft Exposed: What the FASB ED Really Means for Derivative Accounting,” will be live tomorrow, July 22, at 2:00 pm Eastern. It is free and open for registration at

PricewaterhouseCoopers Partner Edward Heitin will join Joshua Cohen, Vice Chairman of Reval’s Hedge Accounting Technical Taskforce (HATT), to highlight and demonstrate the potential impacts companies would face if FASB’s proposed accounting standards update, “Accounting for Financial Instruments and Revisions to the Accounting for Derivative Instruments and Hedging Activities,” went unchallenged by the companies it seeks to regulate. The exposure draft (ED) is open for public comment on FASB’s Web site at until September 30.

“How companies value and account for the derivatives they use to hedge business risk will affect the information investors use to accurately assess a company’s performance,” says Reval CEO and Co-founder Jiro Okochi, who advised lawmakers in Washington over the past year on behalf of corporate end-users of OTC derivatives. “At a time when financial regulatory reform of historic proportions has been enacted into law, all rule-making governing derivative use will be of global importance,” he says.

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About Reval

Reval is a global SaaS provider for Treasury and Risk Management, helping enterprises better manage cash, liquidity and financial risk, and account for and report on complex financial instruments and hedging activities.

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