The three tenets driving this transformation to hedge accounting under IFRS 9 are the removal of burdensome quantitative assessments such as the so-called ‘80–125% effectiveness test’, derivatives ...

Until January 2018, the hedge accounting guidance under U.S. GAAP and IFRS was fairly aligned. However, the new International Financial Reporting Standard for financial instruments, IFRS 9, diverges ...

LONDON--(BUSINESS WIRE)--With International Financial Reporting Standard (IFRS) 9, Financial Instruments, now endorsed by the European Commission, all companies reporting under IFRS that want to ...

Derivatives are key risk management tools that enable financial and non-financial institutions to diversify their risk portfolio and reduce earnings volatility. The insurance industry specifically ...

The Financial Accounting Standards Board proposed improvements Thursday in the accounting guidance for hedging activities. The hedging standards are the latest component, although they are not yet ...

This article is by Eva De Leon, Product Manager for Hedge Accounting Solutions at Bloomberg L.P. It appeared first on TMI. For years, accounting and risk management have not always been fully in sync.

The coming year will be the time for testing and implementing the processes for new IFRS accounting rules designed to ensure that financial reporting more accurately reflects how companies manage ...

Oracle Financial Services Hedge Management and IFRS Valuations is now available to help financial institutions easily comply with regulatory requirements for International Financial Reporting ...

The current economic environment of rising interest rates is hurting the financial performance of companies holding debt security investments as financial assets. Financial asset values decrease when ...

In the face of IFRS 17 reporting requirements, insurers should prioritize stabilizing and managing their balance sheets, noted a panellist during a recent Canadian Insurance Accountants Association ...