Hedges Flashcards
1
Q
Fair value hedge
A
A hedge of changes in the FV of recognized firm commitments that are attributable to a particular risk
2
Q
Cash flow hedge
A
A hedge of the exposure to variability of cash flows of a recognized asset or liability, or of forecasted transactions, that is attributable to a particular risk
3
Q
Disclosure requirements for FV hedges
A
There are 7
4
Q
Disclosures for cash flow hedges
A
There are 6
