IFRS 9 fix sacrifices simplicity
The recent changes made to paragraph B6.5.5 of IFRS 9 will minimise corporates’ P&L volatility when hedging currency risk, but at the expense of simplicity.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts