Syllabus A2

Evaluate the impact of the adoption of hedge accounting and disclosure of financial risk on financial statements and stakeholder assessment.

• The accounting treatment of hedge accounting (cash flow, fair value and net investment), IFRS 9 (or IAS 39, before effective date for IFRS 9).
• Impact of adoption of hedge accounting on financial statements and on stakeholder assessment.
• Disclosure of financial risk, including policies for managing such risk (IFRS 7, Financial Instruments: Disclosures).