On August 28, 2017, the Financial Accounting Standards Board issued Accounting Standards Update 2017-12, Derivatives and Hedging (Topic 815): “Targeted Improvements to Accounting for Hedging Activities.” Podcast host Rich Paul, Deloitte & Touche LLP’s US Audit & Assurance Consumer industry leader, welcomes Deloitte & Touche LLP Audit & Assurance partners, Jon Howard and Chris Monteilh, to discuss the accounting standard and considerations for companies in the consumer industry.