Deloitte comment letter on IASB DP 2014/1 "Accounting for Dynamic Risk Management: a Portfolio Revaluation Approach to Macro Hedging"
Published on:
Oct 20, 2014
Deloitte responded to the International Accounting Standards Board’s Discussion Paper DP 2014/1 Accounting for Dynamic Risk Management: a Portfolio Revaluation Approach to Macro Hedging.
We do not support the Portfolio Revaluation Approach (PRA) detailed in the discussion paper and believe additional outreach should be conducted to determine whether a PRA is applicable to non-financial entities.