IASB December 2006
13 December 2006
At its meeting in October, the Board discussed whether to provide additional guidance on what can be designated as a hedged portion of a financial instrument under IAS 39. The Board directed the staff to develop a proposal on the form and content of any additional guidance. At this meeting, the Board discussed the staff’s proposals.
IASB October 2006
18 October 2006
The IFRIC received submissions asking whether various risks associated with specific portions of a cash flow or fair value exposure might qualify for hedge accounting under IAS 39: for example, could inflation risk qualify as a hedged portion of an interest-bearing asset or liability.