IHS Chemical Week

People & Business :: Companies

Reports: Brazil's regulator seeks explanation from Braskem, Petrobras of hedge accounting in second quarter

7:34 AM MDT | August 14, 2013 | Francinia Protti-Alvarez

Brazil's securities commission, CVM (Rio de Janeiro), has requested Braskem and energy company Petrobras to provide an explanation of the adoption of hedge accounting in the companies' second-quarter results, according to a report from Agencia Estado. Hedge accounting is a mechanism that neutralizes the impact of exchange rate fluctuations on a company's foreign-currency debt in the short term.  CVM has requested Braskem to provide documentation detailing the risk-management policy that guides the company's strategy, says a report from Brazilian newspaper...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa