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Bangsal
31 BSA - 01
FULL PFRS
Hedge accounting
General
In
order
to
apply
hedge
accounting
,
management
prepares documentation
at
the
inception
of
the
relationship. This documentation
clearly identifies the risk being
hedged, the hedging instrument,
and the hedged item.
A hedging instrument:
Hedging
instruments
for which hedge
accounting is
permitted
external
to
Effectiveness testing
Hedges of variable
interest rate risk,
foreign exchange
risk,
commodity price
risk
and net investment
in a foreign
operation
The
hedging
instrument
expires,is sold or terminated.
The hedge no longer meets the
criteria for hedge accounting.
The
entity
revokes
the
designation.
Hedge of a fixed
interest rate risk or
commodity price
risk of
[PAS 39.89-39.94]
The
entity
revokes
the
designation.
Upon
discontinuance
of
the
hedging relationship for a liability,
the adjustment made to the
hedged item is amortized to profit
or loss using the effective interest
method.