IRS - HEDGE Documentation

All topics related to IFRS Standards.
Post Reply
ravik79
Posts: 2
Joined: 26 Jun 2022, 23:47

IRS - HEDGE Documentation

Post by ravik79 »

Hi All

Does anyone has templates with example on how to make hedge document specifically for IRS
User avatar
Marek Muc
Site Admin
Posts: 2120
Joined: 15 Oct 2018, 17:21
Location: Warsaw, Poland
Contact:

Re: IRS - HEDGE Documentation

Post by Marek Muc »

Does IRS even care whether you apply hedge accounting or not? I mean, how does it impact tax settlements?
ravik79
Posts: 2
Joined: 26 Jun 2022, 23:47

Re: IRS - HEDGE Documentation

Post by ravik79 »

IRS = INTEREST RATE SWAPS
User avatar
Marek Muc
Site Admin
Posts: 2120
Joined: 15 Oct 2018, 17:21
Location: Warsaw, Poland
Contact:

Re: IRS - HEDGE Documentation

Post by Marek Muc »

Ahhhhh :lol:
JRSB
Trusted Expert
Posts: 868
Joined: 01 Mar 2020, 01:10
Location: UK

Re: IRS - HEDGE Documentation

Post by JRSB »

is there much more to say than than the standard? at the inception of the hedging relationship there is formal designation and documentation of the hedging relationship and the entity’s risk management objective and strategy for undertaking the hedge. That documentation shall include identification of the hedging instrument, the hedged item, the nature of the risk being hedged and how the entity will assess whether the hedging relationship meets the hedge effectiveness requirements (including its analysis of the sources of hedge ineffectiveness and how it determines the hedge ratio).
Post Reply