Global

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  • Service: Audit
  • Type: Business and industry issue
  • Date: 12/9/2010

New on the Horizon: Hedge Accounting 

This edition of New on the Horizon considers the proposed requirements of the IASB’s exposure draft on hedge accounting.
The exposure draft is a major milestone on the road to improving the financial instruments accounting model as called for by the G20. Its proposals seek to alleviate some of the more operationally onerous requirements of hedge accounting and address major criticisms of the current system. They may also make hedge accounting more possible for non-financial risks, which is of particular significance to some businesses outside the financial sector. This publication explains and comments on the proposals.
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