Recognizing a derivative classified as a fair value hedge of a firm commitment as an asset but
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 30% (10 reviews)
Firms do not recognize the fair value of the commitment except to t...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Financial Accounting An Introduction to Concepts, Methods and Uses
ISBN: 978-1133591023
14th edition
Authors: Roman L. Weil, Katherine Schipper, Jennifer Francis
Question Posted:
Students also viewed these Accounting questions
-
The recognition of a derivative classified as a fair value hedge of a firm commitment as an asset but not recognizing the commitment that the derivative is hedging as a liability is inconsistent. Do...
-
Forward exchange contract designated as a fair value hedge of a foreign-currency-denominated firm commitment to sell inventory, weakening $US Our U.S.-based company enters into a "firm commitment"...
-
Why do asset and liability balances for capital leases usually differ after the first year?
-
In an experiment that is designed to measure the Earths magnetic field using the Hall effect a copper bar 0.500 cm thick is positioned along an eastwest direction. If a current of 8.00 A in the...
-
Explain the following observations:
-
Suppose you want to estimate a population mean . From your sample, you find that the sample mean is 200, the sample standard deviation is 30, the total population is 500, and the sample drawn is 30....
-
Indicate whether each of the following statements constitutes a potential advantage (A), disadvantage (D), or neither (N) of using transfer prices for support department costs. a. Requires additional...
-
The PVC Company manufactures a high-quality plastic pipe that goes through three processing stages prior to completion. Information on work in the first department, cooking, is given below for May:...
-
Using a dividend model, the required return on Fake Company Mu ( FCM ) stock is determined to be about 8 . 2 % . Smartly, FCM ' s CFO doesn't like relying on just one model, so she asks you to come...
-
Water is pumped from a supply reservoir to a ductile-iron water-transmission line, as shown in Figure 2.26. The high point of the transmission line is at point A, 1 km downstream of the supply...
-
What is the reasoning for including unrealized gains and losses on trading securities in income but including unrealized gains and losses on available-for-sale securities in Other Comprehensive...
-
During 2013, Fischer/Black Company purchased equity securities classified as available-for-sale securities. On May 22, 2014, the company recorded the following correct journal entry to record the...
-
Two sets of sample data, A and B, are given. Without doing any calculations, indicate in which set of sample data, A or B, there is likely to be stronger evidence of a difference in the two...
-
In 1985, 29 year old Anthony Ray Hinton was found guilty on two counts of capital murder and sentenced to death by electric chair. He spent nearly 30 years on death row for crimes he did not commit....
-
Performance Development Plan State the intention of moving to Customer Value Management department.
-
Explain how occupational health and safety can be linked to 3 specific human resource functions when a company decides to adopt a more strategic approach to OH&S.?
-
What are three top nutritional considerations I should keep in mind when caring for a person with Autism?
-
Bill is a 32-year-old male who has worked as an EMT and fireman for most of the last 10 years. He tells you that he can't sleep because he has intrusive dreams. The more he talks to you, the more he...
-
Using the formulas in the Appendix and the data in your companys latest financial statements, calculate the following measures of financial performance for your company: 1. Operating profit margin 2....
-
Match each of the key terms with the definition that best fits it. _______________ A record of the sequence of data entries and the date of those entries. Here are the key terms from the chapter. The...
-
What does the law of one price say?
-
Financial statements include amounts in units of currency. What is the most common determinant of the firms choice of currency for financial reporting?
-
What distinguishes noncurrent assets from current assets?
-
Accounting treats cash discounts taken on the purchase of merchandise or equipment as a reduction in the amount recorded for the assets acquired. What justification can you see for this treatment?
-
Which type of mitigation style involves using financial resources to lessen the effect of the risk? A Avoidance B ) Sharing C ) Reduction D Transfer
-
It is Wednesday 16 December 2020 - the day after the CBSA End of Year Event. Con Kafatos comes up to your desk and advises that he tripped over a chair at yesterday's event and hit his head on the...
-
What is the internal rate of return on an investment with the following cash flows?YearCash Flow - $ 1 0 3 , 0 0 0 3 8 4 0 0 4 8 , 1 0 0 4 8 . 1 5 0 4 3 . 5 8 percent 1 4 . 5 3 percent 8 . 5 0...
Study smarter with the SolutionInn App