Although current IFRS provides models for macro hedge accounting, those contain restrictions that limit the ability to reflect some common dynamic risk management activities. The IASB’s macro hedging project aims to better reflect entities’ dynamic risk management activities while reducing the operational complexities of the current accounting requirements.
The IASB issued a discussion paper – ‘Accounting for Dynamic Risk Management: a Portfolio Revaluation Approach to Macro Hedging’ in April 2014. The discussion paper is open for comment until 17 October 2014. Separately, the IASB is also undertaking outreach activities designed to obtain feedback on the areas covered in the Discussion Paper.
This section provides access to KPMG publications related to developments in the macro hedging project.
Publications related to the IASB’s new general hedge accounting model are available at IFRS 9 (2013) – general hedge accounting.