Hedges

Question 1

Fair value hedge

Answer 1

A hedge of changes in the FV of recognized firm commitments that are attributable to a particular risk

Question 2

Cash flow hedge

Answer 2

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

Question 3

Disclosure requirements for FV hedges

Answer 3

There are 7

Question 4

Disclosures for cash flow hedges

Answer 4

There are 6