Accounting for Derivatives

• Main Authors: TAN, Pearl Hock Neo, LEE, Peter
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2014
• Subjects: financial derivatives; hedge accounting; financial instruments; International Accounting Standards Board; Financial Accounting Standards Board; Accounting
• Online Access: https://ink.library.smu.edu.sg/soa_research/1388
• Institution: Singapore Management University

Financial derivatives have escalated in significance in terms of their volume in global financial markets, widespread use and financial impact on companies and markets. They are akin to a two-edged sword; their use may mitigate or increase risk. Spectacular collapses in the past have brought conside...