IAS Plus Newsletter on hedging exposure draft
05 Oct 2007
Deloitte's IFRS Global Office has published a special edition IAS Plus Newletter on Exposures Qualifying for Hedge Accounting.
The newsletter discusses an Exposure Draft (ED) of proposed amendments to IAS 39 Financial Instruments: Recognition and Measurement that the IASB published for comment on 6 September 2007. The ED addresses:
- What can be designated as a hedged item in a hedge accounting relationship – that is, which risks qualify for designation as hedged risks when an entity hedges its exposure to a financial instrument.
- Circumstances in which an entity may designate a portion of the cash flows of a financial instrument as a hedged item.
