PT  - JOURNAL ARTICLE
AU  - Keith F. Bergman
TI  - A Software Developer's View Into FAS 133
DP  - 2001 Sep 21
TA  - Special Issues
PG  - 31--33
VI  - 2001
IP  - 1
4099  - https://pm-research.com/content/2001/1/31.short
4100  - https://pm-research.com/content/2001/1/31.full
AB  - As the FASB and the Derivatives Implementation Group have revised the implementation requirements for FAS 133, they have forced many vendors to spend enormous amounts of research and development on a moving target. Corporations that have rushed to build spreadsheet solutions are feeling the same “keeping up” burden. But it is only a matter of time before some unlucky company has a P&L or audit mishap due to spreadsheet FAS 133 workaround practices. This is why, as things stand now, vendors see solutions in terms of “the basics,” “the extras,” and “low-cost delivery.”