Financial instruments tend to arise at all companies, while the related rules and disclosure requirements are extremely diverse and complex.
Financial instruments tend to arise at all companies.
Consequently, practical issues arise in many areas in association with financial instruments and derivatives, which are generally related to measuring and accounting for derivatives and special, newly invented products and transactions, hedge accounting and the related documentation, as well as disclosures and necessary calculations for financial instruments. Given the complexity of the topics, responding to these issues requires appropriate expertise.
The professionals at the KPMG’s Accounting Advisory Group have extensive, up-to-date knowledge on the various accounting standards related to financial instruments (including the Hungarian and IFRS accounting rules), and during their work they have accumulated wide-ranging experience on transactions and events giving rise to complex accounting issues.