Overview

The general accounting for financial instruments under IFRS leads to a mixed model of accounting: certain positions like derivatives are accounted at fair value through PL, while other financial instruments are at cost or at fair value but with re-measurement through OCI in equity. The purpose of hedge accounting is to bridge these mismatches. From other modules the basics of hedge accounting are repeated to refresh your memory.


 

Detailed Objectives

A) Similarities

  • Introducing you to the main similarities of hedge accounting under the two standards
  • Performing some exercises

 

B) Differences

  • Introducing you to the main similarities of hedge accounting under the two standards
  • Performing some exercises

 

C) Transitioning to IFRS 9 for hedge accounting

  • Introducing you to several practicalities
 

At the end of the e-learning an exam tests your knowledge of the topics discussed during the e-learning.