July 23, 2024
On July 17, ISDA submitted a comment letter to the International Accounting Standards Board (IASB) in response to its exposure draft, which seeks to address the accounting matters related to renewable electricity contracts and the impact on hedge accounting. ISDA provided additional information and proposed other instances, in addition to contracts for renewable electricity, where hedge accounting with a variable notional should be permitted, such as balance guaranteed swaps, and proposed to address this issue as part of the post-implementation review of International Financial Reporting Standard 9, hedge accounting, which is expected to begin later in 2024.
Share This Article:
Share ISDA Letter to IASB on Contracts for Renewable Electricityon Facebook. May trigger a new window or tab to open. Share ISDA Letter to IASB on Contracts for Renewable Electricityon Twitter. May trigger a new window or tab to open. Share ISDA Letter to IASB on Contracts for Renewable Electricityon LinkedIn. May trigger a new window or tab to open. Share ISDA Letter to IASB on Contracts for Renewable Electricityvia email. May trigger a new window or your email client to open.Documents (1) for ISDA Letter to IASB on Contracts for Renewable Electricity
Related Articles
Tax & Accounting
Jul 16, 2024
Risk & Capital
Hedge Accounting Under US GAAP
Tags:
Tax & Accounting
May 29, 2024
Risk & Capital