Read e-book online A Practical Guide to IFRS for Derivatives and Structured PDF

By Graeme Tosen

ISBN-10: 1843742675

ISBN-13: 9781843742678

Graeme Tosen, the executive for technical accounting at HBOS Treasury prone in London, has written a step by step consultant to realizing and enforcing the hugely technical accounting principles of the overseas monetary Reporting criteria (IFRS) that follow to derivatives and dependent finance.

Show description

Read Online or Download A Practical Guide to IFRS for Derivatives and Structured Finance PDF

Similar investing books

Russell Sands, Jody Costa's The Original Turtle Trading Rules PDF

Doubtless you will have heard of the large earnings made by way of the Turtle buying and selling approach. Created by means of Richard Dennis, after he cashed in for hundreds of thousands, the process is a suite of easy strategies and ideas that, whilst mixed, create magic. Dennis believed that any one might alternate the program for enormous earnings, no matter if they'd by no means prior to traded.

Download PDF by Bill J Gerrard: The Economics of Rationality

The concept that of the rational fiscal agent lies on the center of contemporary financial conception. within the Economics of Rationality, students from assorted components of economics provide severe views at the remedy of rationality in the box. Taken jointly, their essays solid enormous doubt on even if a unitary notion of rationality inside of economics is feasible or fascinating.

Greek Banking: From the Pre—Euro Reforms to the Financial by F. Pasiouras PDF

From a interval of development and significantly excessive degrees of profitability, Greek banks lately came upon themselves struggling with an immense lessen sought after within the neighborhood industry, and a rise in non-performing loans. How is the Greek banking approach capable of continue to exist the difficulty? this can be mentioned by means of the final 15 years of the Greek banking approach.

Additional resources for A Practical Guide to IFRS for Derivatives and Structured Finance

Example text

Measurement issues If a derivative has to be separated but the entity is unable to measure it separately, then the entire contract will be classified as designated at fair value through profit or loss. This would be the case for example where the derivative is settled by an unquoted equity instrument, the fair value of which cannot be reliably measured. Linked reference • The accounting for this was discussed in Chapter 2, pp. 5–25. Non-options derivatives A non-option derivative is separated using either its stated or implied substantive terms, so that it has a zero value at initial recognition.

If an entity is planning on designating a derivative and a hedged item/exposure retrospectively (historically fixing the hedge). – The hedging criteria (p. 41). – Frequently asked questions (pp. 46–47). Background to the accounting rules Hedge accounting is a complex part of accounting. This chapter will attempt to concentrate on the basics, while trying to highlight major issues that could, if managed incorrectly, cause the income statement to be highly volatile. The main purpose of hedge accounting is to eliminate reported or accounting volatility.

The prepayment option need only be separated if the exercise price will be materially different from the amortised cost of the debt host at the exercise date. Therefore, in order to get the same effect but with a different accounting treatment, an entity could agree initially to a longer maturity debt contract (extension already factored in at the beginning) and only have the option to terminate early. This will provide the same economic position but no separation would be required. AG 33; and Implementation Guidance Section C 34 Chapter 4 Hedge accounting Introduction This chapter deals with hedge accounting (the elimination of income statement volatility), rather than economic hedging (the actual mitigation of exposure to different kinds of risk).

Download PDF sample

A Practical Guide to IFRS for Derivatives and Structured Finance by Graeme Tosen

by Daniel

Rated 4.73 of 5 – based on 31 votes