IAS Plus Newsletter — IASB issues amendments to IAS 39 on eligible hedged items
Published on:
Jul 31, 2008
On 31 July 2008, the International Accounting Standards Board (IASB) published amendments to IAS 39 Financial Instruments: Recognition and Measurement which provide clarification on two issues in relation to hedge accounting:
- identifying inflation as a hedged risk or portion, and
- hedging with options.
The amendments are effective for annual periods beginning on or after 1 July 2009.
