A Practical Guide to IFRS for Derivatives and Structured by Graeme Tosen

By Graeme Tosen

Graeme Tosen, the executive for technical accounting at HBOS Treasury prone in London, has written a step by step consultant to knowing and enforcing the hugely technical accounting ideas of the overseas monetary Reporting criteria (IFRS) that observe to derivatives and based finance.

Show description

Read Online or Download A Practical Guide to IFRS for Derivatives and Structured Finance PDF

Best investing books

Living in a Material World: The Commodity Connection (Wiley Finance)

At a time whilst the realm is grappling with emerging meals and effort costs and weather swap, residing in a fabric international presents an perception into a number of the contributing elements at the back of those demanding situations. The emergence of recent shoppers in China, India, Russia and the center East has extra ambitious pageant to the common assets which have been taken without any consideration within the constructed international.

Probability and Statistics for Finance (Frank J. Fabozzi Series)

A accomplished examine how likelihood and statistics is utilized to the funding processFinance has develop into a growing number of quantitative, drawing on ideas in likelihood and data that many finance practitioners haven't had publicity to prior to. that allows you to sustain, you would like a company realizing of this self-discipline.

The Options Edge: An Intuitive Approach to Generating Consistent Profits for the Novice to the Experienced Practitioner

Catch the fortune you are wasting with each alternate through studying to take advantage of strategies the choices aspect + loose Trial exhibits you ways to seize the fortune you lose out on each day. trading conventional investments frequently includes tools with optionality. occasionally this optionality is specific, whereas different occasions it really is hidden.

Additional info for A Practical Guide to IFRS for Derivatives and Structured Finance

Example text

This category is a special exception to the standard and is discussed in more detail later in this chapter under the heading ‘Fair value hedge accounting for a portfolio of interest rate risk’. • A portion of risk, as long as this is clearly documented at inception. It is therefore acceptable to only hedge account for 15 per cent of the value of an asset. • Non-financial items in entirety or for foreign currency risk only. • Firm commitments for acquiring a business – although only for foreign currency risk.

B) The hedge is expected to be highly effective […] in achieving offsetting changes in fair value or cash flows attributable to the hedged risk, consistently with the originally documented risk management strategy for that particular hedging relationship. (c) For cash flow hedges, a forecast transaction that is the subject of the hedge must be highly probable and must present an exposure to variations in cash flows that could ultimately affect profit or loss. e. the fair value or cash flows of the hedged item that are attributable to the hedged risk and the fair value of the hedging instrument can be reliably measured […].

It is also important to note that net positions cannot be hedge accounted for (again, there is a way around this). • Portfolio hedges of interest rate risk only. This category is a special exception to the standard and is discussed in more detail later in this chapter under the heading ‘Fair value hedge accounting for a portfolio of interest rate risk’. • A portion of risk, as long as this is clearly documented at inception. It is therefore acceptable to only hedge account for 15 per cent of the value of an asset.

Download PDF sample

Rated 4.89 of 5 – based on 27 votes

Related posts