The Inflation Reduction Act (IRA) of 2022 significantly changed the U.S. Federal income tax code, including introducing the new Corporate Alternative Minimum Tax (CAMT). The CAMT is a parallel tax system that applies to...more
A survey of how oil and gas producers hedge....more
4/28/2021
/ Commodities ,
Energy Sector ,
Financial Statements ,
GAAP ,
Gas Prices ,
Hedging ,
Oil & Gas ,
Oil Prices ,
Surveys ,
Swaps ,
Upstream Contracts
Energy markets continue to be volatile and producers continue to hedge. During the first three quarters of 2018, gas prices remained relatively flat while crude prices had a bumpy climb from $60/bbl to nearly $75/bbl. The...more
Wind farm owners and project sponsors have increasingly turned to corporate power purchase agreements (PPAs) and other hedging alternatives to secure predictable cash flows. Depending on the structure of these agreements,...more
For public companies with a December 31, 2018, fiscal year-end, new hedge accounting rules will become effective on January 1, 2019. The FASB issued the new hedge accounting guidance on August 28, 2017, through Accounting...more
11/5/2018
/ Accounting ,
Accounting Standards ,
Agricultural Sector ,
Commodities ,
Energy Sector ,
FASB ,
GAAP ,
Hedging ,
New Rules ,
Non-GAAP Financial Measures ,
Public Comment