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IRS - HEDGE Documentation

Posted: 26 Jun 2022, 23:54
by ravik79
Hi All

Does anyone has templates with example on how to make hedge document specifically for IRS

Re: IRS - HEDGE Documentation

Posted: 27 Jun 2022, 00:41
by Marek Muc
Does IRS even care whether you apply hedge accounting or not? I mean, how does it impact tax settlements?

Re: IRS - HEDGE Documentation

Posted: 27 Jun 2022, 01:49
by ravik79
IRS = INTEREST RATE SWAPS

Re: IRS - HEDGE Documentation

Posted: 27 Jun 2022, 09:26
by Marek Muc
Ahhhhh :lol:

Re: IRS - HEDGE Documentation

Posted: 27 Jun 2022, 12:47
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).

Re: IRS - HEDGE Documentation

Posted: 09 Feb 2024, 12:10
by Marek Muc
Appendix: Hedge documentation template in https://www.pwc.com/hu/hu/szolgaltataso ... f#page=230

And illustrative extracts for a specific transactions are given as part of 'Detailed illustrations' within the publication above.