IAS 21 — Hedging a net investment
Background
This International Financial Reporting Interpretations Committee (IFRIC) project considered how to account for a hedge in a 'net investment hedge in a foreign operation' in a group's consolidated financial statements.
Current status of the project
This project has been completed. IFRIC 16 Hedges of a New Investment in a Foreign Operation was issued on 3 July 2008.
Project milestones
Date | Development | Comments |
---|---|---|
19 July 2007 | IFRIC Draft Interpretation D22 Hedges of a Net Investment in a Foreign Operation published | Comment deadline 19 October 2007 |
3 July 2008 | IFRIC 16 Hedges of a New Investment in a Foreign Operation issued | Effective for annual periods beginning on or after 1 October 2008 |