Accounting for Risk, Hedging and Complex Contracts

Amazon.com Price: $134.29 (as of 11/10/2019 00:30 PST- Details)

Description

With the exponential growth in financial derivatives, accounting standards setters have needed to keep pace and devise new ways of accounting for transactions involving these instruments, especially hedging activities. Accounting for Risk, Hedging and Complex Contracts addresses the very important elements of these developments, exploring accounting as related to these days’s most relevant topics – risk, hedging, insurance, reinsurance, and more.

The book begins by providing a basic foundation by discussing the concepts of risk, risk types and measurement, and risk management. It then introduces readers to the nature and valuation of free standing options, swaps, forward and futures in addition to of embedded derivatives. Discussion and illustrations of the cash waft hedge and fair value hedge accounting treatments are offered in both single currency and a couple of currency environments, including hedging net investment in foreign operations. The final chapter is devoted to the disclosure of financial instruments and hedging activities. The combination of these topics makes the book a will have to-have resource and reference within the field.

With discussions of the basic tools and instruments, examinations of the related accounting, and case studies to assist students apply their knowledge, this book is an very important, self-contained source for upper-level undergraduate and masters accounting students taking a look develop an understanding of accounting for these days’s financial realities.


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