Differences in Accounting Treatment for Derivatives

Compare and contrast the differences in accounting treatment for (1) derivatives using option contracts and (2) derivatives using forward contracts in Bloom & Cenker (2008). (The Bloom & Cenker article is in the below attached file.)

Requirements:

1. Remember to maintain a formal tone and cite scholarly research to support your analysis.

2. Your analysis should be 3 pages in length (not counting the required title and reference pages).

3. Cite at least 3 scholarly sources.

4. Include an introduction and conclusion.