More NewsPrincipia Partners Delivers Tools to Comply With FAS 133

Principia Partners Delivers Tools to Comply With FAS 133

End-users welcome solution to looming new regulations for derivatives and hedge accounting. PAS/SLS (Sub-Ledger System) will enable end-users of derivatives to customize their systems to comply fully with FAS 133, the Financial Accounting Standards Board’s derivatives and hedge accounting standard for non-dealers. The new sub-ledger component takes full advantage of the dynamic flexibility of PAS, and provides a comprehensive framework to meet specific requirements of the new rule, one of the most controversial and far-reaching accounting standards issued in recent years.

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