Tax-exempt entities have specific accounting guidance from GASB which dictates how they apply hedge accounting, report fair value on their assets and liabilities, and determine level categories of their assets.

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HedgeStar is well versed in GASB 53, 72 and 87; hedge accounting, fair value and lease accounting respectively. HedgeStar is one of the few companies with systems that have been designed specifically for the tax-exempt market. HedgeStar's system is able to import SIFMA rates as well as percentages of other major interest rate indices giving HedgeStar the ability to efficiently and accurately provide hedge accounting and valuation services to the tax-exempt market.