• Service: Audit, Accounting Advisory Services, International Financial Reporting Standards (IFRS)
  • Type: Regulatory update
  • Date: 10/07/2013

IFRS In the Headlines

IFRS In the Headlines
In the Headlines (formerly IFRS Briefing Sheets) provide a timely update on International Financial Reporting Standards (IFRS) developments.

Continuing hedge accounting after derivative novations (2013/13) 

Novation of Derivatives and Continuation of Hedge Accounting (Amendments to IAS 39), providing relief from discontinuing an existing hedging relationship when a novation that was not contemplated in the original criteria.