In your discussion you need to answer FOUR of the hedge issues below: Why companies do hedging? How to determine which types of hedging companies should undertake? What are the required hedging arrangement companies need to prepare to fulfil hedge accounting requirement? Are all types of hedging activities qualified to be reported under hedge accounting? What is the impact on the presentation of companies performance when hedge accounting is applied? Explain the economic information reported by accounting for cash flow hedge, fair value hedge and net investment hedge