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Accounting for derivaties second edition
The main goal of IFRS is to safeguard investors by achieving uniformity and transparency
in the accounting principles. One of the main challenging aspects of the IFRS rules is the
accounting treatment of derivatives and its link with risk management. Whilst it takes years to
master the interaction between IFRS 9 (the main guidance on derivatives accounting) and the
risk management of market risks using derivatives, this book accelerates the learning process
by covering real-life hedging situations, step-by-step. Because each market risk – foreign
exchange, interest rates, inflation, equity and commodities- has its own accounting and risk
management peculiarities, I have covered each separately to address their particular issues.
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