Many groups have treasury policies that use hedging of net positions. They would look at their group-wide
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Many groups have treasury policies that use hedging of net positions. They would look at their group-wide exposure in, e.g. foreign currency and then take forward contracts to cover the position. Discuss the difficulties that would arise in hedge accounting if this practice is followed.
LO13-3
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Related Book For
Financial Accounting And Reporting
ISBN: 9780273703648
10th Edition
Authors: Mr Barry Elliott, Jamie Elliott
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