Accounting for Derivatives: Advanced Hedging under IFRS
Accounting for Derivatives: Advanced Hedging Under IFRSby Juan Ramirez is a comprehensive practical guide to hedge accounting. The author has drawn on his day-to-day experience, advising corporate CFOs and treasurers on sophisticated hedging strategies to provide an invaluable resource for the practitioner. The most frequently used hedging strategies are all covered and the most pressing challenges that corporate executives face today in this area are addressed.Accounting for Derivativesis case-driven throughout, with each specific case analyzing in detail a real-life hedging strategy. A broad range of hedging strategies have been included, some of them using sophisticated derivatives. This framework, based on the extensive use of real-life cases enables the reader to create their own accounting interpretation of the specific hedging strategies. Practical advice is offered throughout on how to minimize the earnings volatility impact of hedging with derivatives.Key feature include:The only book to cover IAS39 from the derivatives practitioner’s perspectiveExtensive real-life case studies providing essential information for the practitionerCovers numerous hedging instruments including forwards, swaps, cross-currency swaps, and combinations of standard options as well as more complex derivatives such as knock-in forwards, KIKO forwards, range accruals and swaps in arrearsIncludes the latest information on FX hedging and hedging of commoditiesAnalyzes the hedge of foreign currency denominated liabilitiesIn-depth information on hedge of commodity risk