FASB to Explore Greater Disclosure of Supply-Chain Financing

Investors are a step closer to gaining greater clarity on companies’ so-called supply-chain finance programs.

The Financial Accounting Standards Board, the private organization that sets accounting standards, voted Wednesday to add to its agenda a project exploring greater disclosure surrounding the arrangements.

Supply-chain finance is essentially a form of short-term borrowing to pay for goods and services. The funding, often provided by banks, pays a company’s suppliers earlier than they would normally be paid, at a slight discount. The company then pays the bank later, allowing the company to hang on to cash longer.

Financial institutions that offer such funding include

Citigroup Inc.,

Greensill Capital and HSBC Holdings PLC. Coca-Cola Co. and

Boeing Co.

and many other blue-chip companies make use of the financing.

The tool has attracted scrutiny from the U.S. Securities and Exchange Commission, ratings firms and market participants, some of whom say it allows companies to portray

Read More

How Can You Sell Your Structured Settlements?

For each individual hoping to sell a structured settlement, there is a more significant open door for you to bring in significantly more cash than you remain to make from the offer of your installment stream. The abilities you use in selling your benefit can place you in the situation to make additional money for a fantastic remainder. Searching for an Investor to buy your granted income can be necessary. However, if you are eager to do some extra work, you can gain a living helping other people do what you are going to.


The way to ensure you take full advantage of your benefit is to act at the speed of business. This implies you should know your case’s particulars down to the minutia of subtleties to report this to any potential financial specialists that show enthusiasm for working with you. Knowing realities, for example, your installment sum … Read More

Subscribe US Now