Accounting for Derivatives is case-driven throughout, with each specific case analyzing in detail a real-life hedging strategy. A broad range of hedging strategies have been included, some of them using sophisticated derivatives. This framework, based on the extensive use of real-life cases enables the reader to create their own accounting interpretation of the specific hedging strategies. Practical advice is offered throughout on how to minimize the earnings volatility impact of hedging with derivatives.

Key feature include:

• The only book to cover IAS39 from the derivatives practitioner's perspective
• Extensive real-life case studies providing essential information for the practitioner
• Covers numerous hedging instruments including forwards, swaps, cross-currency swaps, and combinations of standard options as well as more complex derivatives such as knock-in forwards, KIKO forwards, range accruals and swaps in arrears
• Includes the latest information on FX hedging and hedging of commodities
• Analyzes the hedge of foreign currency denominated liabilities
• In-depth information on hedge of commodity risk