Notice bibliographique
- Notice
Type(s) de contenu et mode(s) de consultation : Texte noté : électronique
Auteur(s) : Ramirez, Juan (1961-....)
Titre(s) : Accounting for derivatives [Texte électronique] : advanced hedging under ifrs 9 / Juan Ramirez
Édition : 2nd edition
Publication : West Sussex, United Kingdom ; New York : Wiley, 2015
Description matérielle : 1 online resource
Collection : The Wiley finance series
Note(s) : Includes bibliographical references and index. - Print version record and CIP data provided by publisher.
"The derivative practitioner's expert guide to IFRS 9 applicationAccounting for Derivatives
explains the likely accounting implications of a proposed transaction on derivatives
strategy, in alignment with the IFRS 9 standards. Written by a Big Four advisor, this
book shares the author's insights from working with companies to minimise the earnings
volatility impact of hedging with derivatives. This second edition includes new chapters
on hedging inflation risk and stock options, with new cases on special hedging situations
including hedging components of commodity risk. This new edition also covers the accounting
treatment of special derivatives situations, such as raising financing through commodity-linked
loans, derivatives on own shares and convertible bonds. Cases are used extensively
throughout the book, simulating a specific hedging strategy from its inception to
maturity following a common pattern. Coverage includes instruments such as forwards,
swaps, cross-currency swaps, and combinations of standard options, plus more complex
derivatives like knock-in forwards, KIKO forwards, range accruals, and swaps in arrears.
Under IFRS, derivatives that do not qualify for hedge accounting may significantly
increase earnings volatility. Compliant application of hedge accounting requires expertise
across both the standards and markets, with an appropriate balance between derivatives
expertise and accounting knowledge. This book helps bridge the divide, providing comprehensive
IFRS coverage from a practical perspective. Become familiar with the most common hedging
instruments from an IFRS 9 perspective Examine FX risk and hedging of dividends, earnings,
and net assets of foreign subsidies Learn new standards surrounding the hedge of commodities,
equity, inflation, and foreign and domestic liabilities Challenge the qualification
for hedge accounting as the ultimate objective IFRS 9 is set to replace IAS 39, and
many practitioners will need to adjust their accounting policies and hedging strategies
to conform to the new standard. Accounting for Derivatives is the only book to cover
IFRS 9 specifically for the derivatives practitioner, with expert guidance and practical
advice"
Sujet(s) : Couverture (finances) -- Comptabilité
Indice(s) Dewey :
657.7 (23e éd.) = Comptabilité des opérations financières particulières des entreprises
Identifiants, prix et caractéristiques : ISBN 9781119065876
Identifiant de la notice : ark:/12148/cb44656120f
Notice n° :
FRBNF44656120
(notice reprise d'un réservoir extérieur)
Table des matières : Machine generated contents note:1.1 ; Accounting Categories for Financial Assets --1.1.1
; Financial Asset Categories --1.1.2 ; Financial Assets at Amortised Cost --1.1.3
; Financial Assets at Fair Value through Other Comprehensive Income --1.1.4 ; Financial
Assets at Fair Value through Profit or Loss --1.1.5 ; Financial Assets [2014] Initial
and Subsequent Recognition --1.1.6 ; Reclassifications --1.2 ; The Amortised Cost
Calculation: Effective Interest Rate --1.2.1 ; Example of Effective Interest Rate
Calculation [2014] Fixed Rate Bond --1.2.2 ; Effective Interest Rate Calculation [2014]
Floating Rate Debt --1.3 ; Examples of Accounting for Fixed Rate Bonds --1.3.1 ; Example
of a Fixed Rate Bond at Amortised Cost --1.3.2 ; Example of a Fixed Rate Bond Recognised
at FVOCI --1.4 ; Accounting Categories For Financial Liabilities --1.4.1 ; Financial
Liability Categories --1.4.2 ; Partial Repurchases of Financial Liabilities --1.4.3
; Changes in Credit Risk in Financial Liabilities at FVTPL --1.5 ; The
5.3.1 ; Monetary versus Non-monetary Items --5.3.2 ; Translation Rates --5.4 ; Foreign
Currency Transactions --5.4.1 ; Summary of Most Commonly Used FX Derivatives --5.5
; Case Study: Hedging A Forecast Sale and Subsequent Receivable with an FX Forward
(Forward Element Included in Hedging Relationship) --5.5.1 ; Background --5.5.2 ;
Setting the Hedging Relationship Term --5.5.3 ; Hedging Relationship Documentation
--5.5.4 ; Hedge Effectiveness Assessment [2014] Hypothetical Derivative --5.5.5 ;
Hedge Effectiveness Assessment Performed at Hedge Inception --5.5.6 ; Fair Valuation
of Hedged Item and Hypothetical Derivative at the Relevant Dates --5.5.7 ; Accounting
Entries [2014] Hedge Objective Unchanged: No Discontinuation --5.5.8 ; Accounting
Entries [2014] Hedge Risk Management Objective Changed: Discontinuation --5.6 ; Case
Study: Hedging a Forecast Sale with an FX Forward --5.6.1 ; Setting the Hedging Relationship
Term --5.6.2 ; Hedging Relationship Documentation --5.6.3 ; Hedge Effectiveness As
Note continued:5.13.6 ; Accounting Entries --5.13.7 ; Additional Remarks --5.14 ;
Case Study: Hedging A Forecast Sale and Subsequent Receivable with a Range Accrual
(Part 1) --5.15 ; Case Study: Hedging A Forecast Sale and Subsequent Receivable with
a Range Accrual (Designation In Its Entirety) --5.15.1 ; Hedging Relationship Documentation
--5.15.2 ; Hedge Effectiveness Assessment --5.15.3 ; Hedge Effectiveness Assessment
Performed at Hedge Inception --5.15.4 ; Fair Valuations and Calculations of Effective/Ineffective
Amounts --5.15.5 ; Accounting Entries --5.16 ; Case Study: Hedging Forecast Sale and
Subsequent Receivable with a Range Accrual (Splitting Approach) --5.16.1 ; Accounting
Entries --5.16.2 ; Final Remarks --5.17 ; Hedging On A Group Basis [2014] The Treasury
Centre Challenge --5.17.1 ; Accounting Implications at Subsidiary Level --5.17.2 ;
Accounting Implications at Consolidated Level --5.18 ; Hedging Forecast Intragroup
Transactions --5.18.1 ; Example of Hedge of Forecast Intragroup T
7.5.5 ; Accounting Entries --7.5.5 ; Final Remarks --7.6 ; Case Study: Hedging A Floating
Rate Liability With a Zero-Cost Collar --7.6.1 ; Hedging Relationship Documentation
--7.6.2 ; Hedge Effectiveness Assessment --7.6.3 ; Hedge Effectiveness Assessment
Performed at the Start of the Hedging Relationship --7.6.4 ; Fair Valuations, Effective/Ineffective
Amounts and Cash Flow Calculations --7.6.5 ; Accounting Entries --7.6.6 ; Final Remarks
--7.7 ; Implications of Interest Accruals and Credit Spreads --7.7.1 ; Background
Information --7.7.2 ; Credit Spread and Hedge Accounting --7.7.3 ; Interest Accruals
and Fair Valuations --7.8 ; Case Study: Hedging a Fixed Rate Liability With an Interest
Rate Swap --7.8.1 ; Background Information --7.8.2 ; Hedging Relationship Documentation
--7.8.3 ; Hedge Effectiveness Assessment --7.8.4 ; Hedge Effectiveness Assessment
Performed at the Start of the Hedging Relationship --7.8.5 ; Fair Valuations, Effective/Ineffective
Amounts and Cash Flow Calculations --7.8.6 ; Ac
Note continued:8.4.4 ; Hedge Effectiveness Assessment Performed at the Start of the
Hedging Relationship --8.4.5 ; Fair Valuations, Effective/Ineffective Amounts and
Cash Flow Calculations --8.4.6 ; Accounting Entries --8.4.7 ; Concluding Remarks --9.1
; Recognition of Equity Investments In Other Companies --9.1.1 ; Hedging Investments
Consolidated under Equity Method --9.1.2 ; Impairment of Equity Investments --9.2
; Debt Versus Equity Classification of Own Instruments --9.2.1 ; Recognition as a
Liability --9.2.2 ; Recognition as an Equity Instrument --9.3 ; Hybrid Securities
[2014] Preference Shares From an Issuer's Perspective --9.3.1 ; Contractual Discretion
--9.3.2 ; Economic Compulsion --9.3.3 ; Degree of Subordination --9.3.4 ; Legal Form
--9.3.5 ; Entity's Historical Trend or Ability to Make Distributions --9.4 ; Convertible
Bonds [2014] Issuer's Perspective --9.4.1 ; Convertible Bonds Denominated in the Entity's
Functional Currency [2014] Fixed for Fixed --9.4.2 ; Convertible Bonds Denominat
