Thursday, May 28 2020, 00:30 am
International Financial Reporting Standards IAS 39 …

International Financial Reporting Standards IAS 39 …

Hedge accounting seeks to reflect the results of hedging activities, in particular hedging using derivatives, by reporting the effects of the derivative and the risk being hedged in the same period. Hedge accounting allows entities to override the normal accounting treatment for derivatives (fair value through profit or loss) or to adjust the carrying value of assets and liabilities. It is …