Support in comprehensive implementation of hedge accounting; review with recommendations.
Support in comprehensive implementation of hedge accounting; review with recommendations.
Why hedge accounting
Hedge accounting is an accounting treatment, under which you can properly reflect applied hedging strategy in the books. The economic hedge often results in accounting mismatch that can be eliminated after the hedge accounting criteria are met. There is no compulsion for hedge accounting, and therefore its use is subject to the fulfillment of the relevant conditions. By hedge accounting implementation you can first align the moment of the hedged item’s and the hedging instrument’s impact on the income statement and thereby eliminate or significantly reduce the volatility of the profit and loss, as well as in specific cases to adjust the initial value of non-financial assets by the realized result on the hedging instrument or to move the result on the hedging instrument from the financial result to the operating result.
KPMG’s support
As part of the services relating to hedge accounting KPMG offers its customers a wide range of services:
All works are performed depending on demand, in accordance with the Accounting Act, together with the relevant regulations of the Ministry of Finance, or in accordance with International Financial Reporting Standards.
Why KPMG?