Hedges of Recognized Foreign Currency– Denominated Assets and Liabilities

The change in fair value of a foreign currency forward contract designated as a fair value hedge is recognized currently in earnings in the same line of the income statement as the foreign currency exchange gain or loss on the underlying asset or liability. Changes in the forward contract's fai...

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Bibliographic Details

Published in:	The CPA journal (1975) Vol. 89; no. 8; pp. 54 - 58
Main Author:	Rambo, Robert G
Format:	Journal Article
Language:	English
Published:	New York New York State Society of Certified Public Accountants 01-08-2019
Subjects:	Accounting Standards Updates American dollar Cash flow Discount rates Fair value Foreign exchange rates Liability
Online Access:	Get full text
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