Global

IFRS 9 (2013) – general hedge accounting  

The IASB split the hedge accounting phase of its project to replace IAS 39 into two parts: general hedging and macro hedging. It issued a final general hedging standard in November 2013 as part of IFRS 9 (2013), which was then incorporated into IFRS 9 (2014) which is effective for annual periods beginning on or after 1 January 2018.

 

The new general hedging standard provides a more principles-based approach that aligns hedge accounting more closely with risk management. However, the types of hedging relationships – fair value, cash flow and foreign operation net investment – remain unchanged from IAS 39.

 

This page provides access to KPMG publications related to the IASB’s new general hedge accounting model.

 

Publications related to developments in the macro hedging project are available on the Macro hedging page.

 

 IFRS insights

Hedge accounting and transition

Chris Spall

Chris Spall

Global IFRS Financial Instruments Leader

+44 20 7694 8445

Terry Harding

Terry Harding

Global IFRS Financial Instruments Deputy Leader

+44 20 7694 8105

Enrique Tejerina

Enrique Tejerina

Global IFRS Financial Instruments Deputy Leader

+1 212 909 5530