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0 (hodnocen0 x )

EB

ONLINE

First edition

New York, New York (222 East 46th Street, New York, NY 10017) : Business Expert Press, 2013

1 online resource (149 pages) ; illustrations

ISBN 9781606495919 (electronic bk.)

ISBN 9781606495902 (paperback)

Financial accounting and auditing collection, ISSN 2151-2817

Print version: ISBN 9781606495902

Part of: 2013 digital library

Includes bibliographical references (pages 145-146) and index

Examples index -- 1. Financial reporting implications -- 2. Hedge criteria and hedge effectiveness -- 3. Accounting for fair value hedges -- 4. Cash flow hedges -- 5. Foreign currency hedges -- 6. Presentation and disclosure -- Appendix 1. Scope issues -- Appendix 2. Embedded derivatives -- Notes -- Index.

Derivatives, and derivatives used to hedge financial and operating functions, are designed to allow managers of firms to manage effectively the downside risk of their financial and operating strategies. They also can be very useful tools that allow managers and executives to accurately predict financial and operational performance and manage the investment communities expectations regarding overall firm performance. Derivatives and hedges, however, if not properly designed in conjunction with the firm’s risk management strategy, can be potentially disastrous for the firm. The ongoing financial turmoil in markets can be partially explained by company managers and executives not understanding the potential financial statement impact when derivative markets move in a particular direction for longer periods of time than anticipated by firms..

* cash flows * derivatives * fair value * financial instruments * foreign currency * forwards * futures * hedge effectiveness * hedges * hedging * interest rate derivatives * options * swaps

001766304

full

(Au-PeEL)EBL1465967

(CaONFJC)MIL529958

(CaPaEBR)ebr10786068

(MiAaPQ)EBC1465967

(OCoLC)860923727