Most corporations provide at least some information on their derivatives activity in annual reports, but few specify whether the instrument they use contained any form of leverage, according to a recent study by the Financial Accounting Standards Board.

The FASB study found that 51 of the 65 Fortune 1000 companies surveyed, or 78%, disclosed some sort of information about derivatives activity in their annual reports, but none provided a discussion of leverage features. Four took the trouble to explicitly state that some or all of their derivatives did not contain leverage features.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.