Show Sections

Final stage

On 31 July 2008, the International Accounting Standards Board issued Eligible Hedged Items (Amendment to IAS 39). The amendments have an effective date of 1 July 2009, but earlier adoption is permitted.

The amendment addresses two particular situations:

  • the designation of a one-sided risk in a hedged item; and
  • the designation of inflation in particular situations.

The amendment applies to hedging relationships in the scope of IAS 39. Because of its limited scope, the amendment is expected to affect only those entities that designate hedging relationships in the two situations it addresses. The amendment is expected to reduce diversity in practice that exists, or is likely to occur, in those two situations.

This website uses cookies to support your browsing experience, including cookies for signing in to your IFRS account and analytics cookies. You can view the full list of cookies in our privacy policy