This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

IAS 39 — Cash flow hedge accounting of forecast intragroup transactions

Background

In this project, the IASB sought to amend IAS 39 Financial Instruments: Recognition and Measurement to clarify the treatment in consolidated financial statements of a foreign currency cash flow hedge of a highly probable forecast external transaction denominated in the functional currency of the group entity (e.g. a subsidiary) entering into the transaction.

 

Current status of the project

This project has been completed. The IASB issued Cash Flow Hedge Accounting of Forecast Intragroup Transactions (Amendments to IAS 39) on 14 April 2005.

 

Project milestones

DateDevelopmentComments
8 July 2004 Exposure Draft Cash Flow Hedge Accounting of Forecast Intragroup Transactions published Comment deadline 8 October 2004
14 April 2005 Cash Flow Hedge Accounting of Forecast Intragroup Transactions (Amendments to IAS 39) issued Effective for annual periods beginning on or after 1 January 2006

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.