ASC 815: derivatives and hedging
Plain-English guides to derivatives and hedge accounting under US GAAP, each with a worked example.
1 guide
Related guides in other sections
- Hedge accounting basics under IFRS 94 minute readHedge accounting under IFRS 9 explained: fair value, cash flow and net investment hedges, qualifying criteria, effectiveness and a forward contract example.
- Fuel hedging5 minute readAirline fuel hedging under IFRS 9: cash flow hedges of jet fuel, hedging the crude oil component, options and collars, basis adjustments and ineffectiveness.
- Hedging oil and gas prices4 minute readOil price hedging under IFRS 9: cash flow hedges of forecast sales, swaps and collars, hedging the Brent component, ineffectiveness and own use, an example.
- Hedge accounting for banks' interest rate risk3 minute readHow bank hedge accounting works for interest rate risk: fixed-rate loans hedged with swaps, portfolio fair value hedges, the IAS 39 option, cash flow hedges.
- Commodity purchases, hedging and own use4 minute readHow manufacturers apply the IFRS 9 own use exemption to commodity contracts, hedge commodity purchases with futures, and adjust inventory cost, with examples.
About these guides
The guides explain the standard in our own words, with our own examples, and point to the paragraphs they rely on. They are general information, not advice for your situation. Read them alongside the standard itself, and check when your regulator adopts it.