IAS 39: Hedge Accounting_en
AL-AZHAR UNIVERSITY
FACULTY OF ECONOMIC & ADMINISTRATIVE SCIENCE
ACCOUNTING DEPARTEMENT
Research About
Financial Instruments;
Hedging Accounting
Prepared BY:
Amjad Issa Taha
Omar Jamal AbuShaaban
Shady Emad Al-Dalou
SUPERVISED BY:
Dr. Emad AbuShaaban
May,2011
Table of contents
Part 1 IFRS Hedge Accounting
- · Hedge Accounting
- · Hedging Instruments
- · Hedged Items
- · Qualifying Criteria for Hedge Accounting
Part 2 Accounting for qualifying hedges
- · Fair value hedges
- · Cash flow hedges
- · Hedges of a net investment in a foreign operation
- · Accounting for the time value of options
Part 3 Hedges of a Group of Items
- · Eligibility of a group of items as the hedged item
- · Presentation
Part 4 Disclosures
- · The risk management strategy
- · The amount, timing, and uncertainty of future cash flows
- · The effects of hedge accounting on the primary financial statements
Part 5 Salient differences between IAS 39 and IFRS 9
- Hedge accounting (general questions)
- Advantages of IFRS 9
Part 6 Appendices
- · Define term
- · Effective date and transition
- · Application Guidance
- · Illustrative examples