Accounting for Derivatives: Advanced Hedging under IFRS is a comprehensive practical guide to hedge accounting. This book is neither written by auditors afraid of providing opinions on strategies for which accounting rules are not clear, nor by accounting professors lacking practical experience. Instead, it is based on day-to-day experience, advising corporate CFOs and treasurers on sophisticated hedging strategies. It covers the most frequent hedging strategies and addresses the most pressing challenges that corporate executives find today. The book is case-driven with each case analysing in detail a real-life hedging strategy. A broad range of hedging strategies have been included, some of them using sophisticated derivatives. The objective of this book is to provide a conceptual framework based on the extensive use of cases so that readers can create their own accounting interpretation of the hedging strategy being considered. Accounting for Derivatives will be essential reading for CFOs, internal auditors and treasurers of corporations, professional accountants as well as derivatives professionals working at commercial and investment banks. Key feature include: The only book to cover IAS39 from the derivatives practitioner's perspective Extensive real-life case studies to providing essential information for the practitioner Covers hedging instruments such as forwards, swaps, cross-currency swaps, and combinations of standard options as well as more complex derivatives such as knock-in forwards, KIKO forwards, range accruals and swaps in arrears. Includes the latest information on FX hedging and hedging of commoditiesAbout the Author:
Juan Ramirez currently works at BNP Paribas in London and is responsible for the marketing of strategic equity derivatives to the Iberian corporate and institutional clients. After earning a bachelor degree in electrical engineering at the ICAI university in Madrid, he joined the consumer products group at Arthur Andersen where he spent five years gaining a substantial exposure to the accounting world. After earning an MBA degree from University of Chicago, Mr. Ramirez moved to London to work at Chase Manhattan (currently JP Morgan). He has also worked at Lehman Brothers, Barclays Capital and Banco Santander. Mr. Ramirez has devoted more than 15 years marketing structured derivatives solutions, being involved in commodity, credit, equity, fixed income and foreign exchange derivatives. He witnessed how the first time adoption of IFRS in 2005, greatly changed the way European entities made their hedging decisions using derivatives. Since then he has spent a substantial amount of his time helping entities to minimise the accounting impact of highly structured derivatives transactions. Mr. Ramirez is married and has three children.
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Descripción John Wiley & Sons Inc, 2007. Hardcover. Estado de conservación: Brand New. 1st edition. 448 pages. 10.00x7.00x1.00 inches. In Stock. Nº de ref. de la librería __0470515791
Descripción Wiley. Hardcover. Estado de conservación: New. 0470515791 New Condition. Nº de ref. de la librería NEW4.0241596
Descripción Wiley, 2007. Estado de conservación: New. Brand New, Unread Copy in Perfect Condition. A+ Customer Service! Summary: Contents Preface 1 The Theoretical Framework EU's IAS 39 versus IASB's IAS 39 US Gaap FAS 133 Accounting Categories for Financial Assets and Liabilities Financial Assets Categories1.1.2 Financial Assests Recognition1.1.3 Financial Liabilites1.1.4 The Fair Value Option1.2 The Amortised Cost Calculation: The Effective Interest Rate1.2.1 Example of Effective Interest Rate Calculation1.3 Hedge Accounting - Recognising Derivative Instruments1.3.1 Derivative Definition1.3.2 Hedge Accounting1.3.3 Accounting For Derivatives1.3.4 Undesignated or Speculative1.3.5 Fair-Value Hedge1.3.6 Cash Flow Hedge1.3.7 Net Investment Hedge1.3.8 Embedded Derivatives1.4 Hedging Relationship Termination Events1.5 Hedged Item Candidates1.6 Hedging Instrument Candidates1.7 Hedging Relationship Documentation1.8 Effectiveness Tests1.8.1 Prospective Test1.8.2 Retrospective Test1.8.3 Retrospective Test Failure1.9 Methods for Testing Effectiveness1.9.1 The Critical Terms Method1.9.2 The Ratio Analysis or Dollar-Offset Method1.9.3 The regression Analysis Method1.9.4 The Scenario Analysis Method1.9.5 The Volatility Risk Reduction Method (VRR)1.9.6 The Short-Cut Method for Interest Rates1.9.7 Concluding Remarks1.10 The Hypothetical Derivative Simplification1.11 Effects of Derivatives in the P&L Statement 2 An Introduction to the Derivative Instruments2.1 Forwards2.1.1 Product Description2.1.2 IAS 39 Accounting Implications2.2 Interest Rate Swaps2.2.1 Product Description2.2.2 IAS 39 Accounting Implications2.3 Caross-Currency Swaps2.3.1 Product Description2.3.2 IAS 39 Accounting Implications2.4 Standard (Vanilla) Options2.4.1 Product Description2.4.2 Standard Foreign Exchange Options2.4.3 Interest Rate Options - Caps, Floors and Collars2.4.4 IAS 39 Accounting Implications of Options - Intrinsic Versus Time Value2.4.5 IAS 39 Accounting Implications of Options - Written Options2.5 Exotic Options2.6 Barrier Options2.6.1 Knock-Out Barrier Options - Product Description2.6.2 Knock-In Barrier Options - Product Description2.7 Range Accruals 3 Hedging Foreign Exchange Risk 3.1 Types of Foreign Exchange Exposures 3.2 Introductory Definitions 3.2.1 Functional Currency 3.2.2 Relevant Dates 3.3 Summary of IAS 21 Translation Rates 3.3.1 Monetary Versus Non-Monetary Items 3.3.2 Translation Rates 3.4 Foreign Currency Transactions 3.4.1 Summary of Most Popular Hedging Derivatives - Foreign Exchange Risk Case 3.1 Hedging a Highly Expected Foreign Sale with a Forward Case 3.2 Hedging a Highly Expected Foreign Sale with a Tunnel Case 3.3 Hedging a Highly Expected Foreign Sale with a Participating Forward Case 3.4 Hedging a Highly Expected Foreign Sale with a Knock-In Forward Case 3.5 Hedging a Highly Expected Foreign Sale with a KIKO Forward Case 3.6 Hedging a Highly Expected Foreign Sale with a Range Accrual Forward Case 3.7 The Treasury Centre Challenge Case 3.8 Hedging Forecast Intragroup Transactions 4 Hedging Foreign Subsidiaries 4.1 Stand-Alone Versus Consolidated Financial Statements 4.1.1 Subsidiary Financial Statements 4.1.2 Parent-Only Financial Statements 4.1.3 Consolidated Financial Statements 4.2 The Translation Process 4.2.1 Basic Procedures before Translation. Nº de ref. de la librería ABE_book_new_0470515791
Descripción Wiley, 2007. Hardcover. Estado de conservación: New. Nº de ref. de la librería P110470515791
Descripción Estado de conservación: New. 100% BRAND NEW US Edition / Mint condition / Never been read / HARDCOVER / Student Edition / ISBN: 0470515791. Shipped out in one business day with free tracking. book. Nº de ref. de la librería 301
Descripción Wiley, 2013. Hardcover. Estado de conservación: New. 1. Nº de ref. de la librería DADAX0470515791
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Descripción Wiley, 2007. Hardcover. Estado de conservación: New. book. Nº de ref. de la librería 0470515791
Descripción John Wiley & Sons Inc, 2007. Hardcover. Estado de conservación: Brand New. 1st edition. 448 pages. 10.00x7.00x1.00 inches. In Stock. Nº de ref. de la librería 0470515791