• Explaining the 3 main criteria that should be met to apply hedge accounting
  • Requesting you to do certain exercises


Detailed Objectives

A) Eligible hedge items and hedging instruments:

  • Understand which asset or liability, unrecognised firm commitment or highly probable forecast transaction can be designated as a hedged item.
  • Be able to determine which financial instruments qualify as hedging instruments.

B)  Specific hedge accounting related topics:

You will learn in this e-learning that hedge accounting under IFRS 9 is complex and comes with a significant number of detailed rules. It may be difficult to achieve in practice. In this chapter there will be focus on several practicalities.