Part 2: The Impact of Adopting IFRS 9 on Hedging Policies
In our previous article we discussed some of the key items companies should evaluate as they consider adopting the hedge accounting provisions of IFRS 9. The hedge accounting provisions of IFRS 9 are intended to be closely aligned with a company’s risk management activities, which should be outlined in its risk management policy. In this second article we provide practical insight into the elements of a sound risk management policy, including changes companies should consider making with respect to IFRS 9. This second bulletin will address:
- • What Should Be Included In a Policy Document?
- • What Policy Changes Should Be Made On Account of Adopting IFRS 9?