What are the differences in accounting for a forward contract used as (a) A cash flow hedge

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What are the differences in accounting for a forward contract used as
(a) A cash flow hedge
(b) A fair value hedge of a foreign-currency-denominated asset or liability?

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International Accounting

ISBN: 978-0077862206

4th edition

Authors: Timothy Doupnik, Hector Perera

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Question Posted: Nov 26, 2015 12:36 AM

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What are the differences in accounting for a forward contract used as (a) A cash flow hedge

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In both cases 1 sales revenue or the cost of the item purchased is determined using the spot rate at ...View the full answer

International Accounting

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