Currency - and Financial Derivative Management in Practice: Hedge Accounting III

Many books exist about analyzing the different financial derivatives to hedge currency - or interest rate - or commodity - risks. For the same purpose exist a lot of books with the numeric analysis of derivatives and of the different option - price - formulas. There exist also many accounting books how to book such transactions. All this together is the basis for the present book. The book on hand contain the analysis of the 20 biggest, listed European companies outside the Euro - Zone with regard to their currency-, interest rates- and commodity risk management. Here one could find names like BHP, BP, Diageo, Nestle, Novartis, RioTinto, Roche, RoyalDutch and Vodafone. The main focus is to reveal the typical mistakes and to calculate the dimension of the mistakes within the currency and derivative management. Therefore the IFRS balance sheets of each group of the years 2007 - 2014 were analyzed. Within the analysis the main focus were to the balance positions of the Translation - risk, Fair Value Hedge, Cash-Flow Hedge and all derivatives without documented hedge relation. The analysis results will surprise. Because of IAS 39, IFRS 9 in connection with IFRS 7 these groups have to give the information about the use and extent of financial derivatives. This analysis was pursued with special interest because the balance rules with regard to the Translation - risk do not considering the economic studies about the predicted future currency developments. It seems that the Translation - risk is essential underestimated. Previously published books: 1) IRFS 9: Risk - Controlling IAS 39 / IFRS 7 - Hedge Accounting VI 2) IFRS 9: Analyse der Fehler IAS 39 / IFRS 7 3) Currency Headwinds - Hedge Accounting V 4) Currency Headswind - Hedge Accounting V - Treasury in der Praxis 5) Treasury in Practice: 25 Dow Jones Groups - Hedge Accounting IV 6) Treasury in der Praxis: Devisen - und Derivate Management 7) Currency - and Financial Derivative Management in Practice: Hedge Accounting III 8) Mrd. Grab Devisenmanagement Teil III: Hedge Accounting III - 67 europäische Konzerne - 618 Mrd. Probleme 9) Treasury in Practice: Translation - Risk, Fair Value Hedge and Cash Flow Hedge: Hedge Accounting II 10) Mrd. - Grab Devisenmanagement Teil II: Hedge Accounting Soon appears: Hedge Accounting VII - Master Mind IFRS 9 - Routenplaner Corporate Finance

Previously published books: 1)IFRS 9: Risk - Controlling IAS 39 / IFRS 7 Hedge Accounting VI Paperback: 292 pages Platform (August 14, 2016) Language: English ISBN-10: 1537032755 ISBN-13: 978-1537032757 2)IFRS 9: Analyse der Fehler IAS 39 / IFRS 7 Paperback: 300 pages Platform (August 11, 2016) Language: German ISBN-10: 1537018957 ISBN-13: 978-1537018959 3)Currency Headwinds - Hedge Accounting V Paperback: 316 pages Platform (May 24, 2016) Language: English ISBN-10: 1533445087 ISBN-13: 978-1533445087 4)Currency Headswind - Hedge Accounting V - Treasury in der Praxis Paperback: 328 pages Platform (May 14, 2016) Language: German ISBN-10: 153326869X ISBN-13: 978-1533268693 5)Treasury in Practice: 25 Dow Jones Groups Hedge Accounting IV Paperback: 294 pages Platform (April 18, 2016) Language: English ISBN-10: 1532803265 ISBN-13: 978-1532803260 6)Treasury in der Praxis: Devisen - und Derivate Management: Das unterschätzte Translation - Risiko Paperback: 304 pages Platform (April 4, 2016) Language: German ISBN-10: 1530863082 ISBN-13: 978-1530863082 7)Currency - and Financial Derivative Management in Practice: Hedge Accounting III Paperback: 276 pages Platform (November 10, 2015) Language: English ISBN-10: 1519192509 ISBN-13: 978-1519192509 8)Mrd. Grab Devisenmanagement Teil III: Hedge Accounting III - 67 europäische Konzerne - 618 Mrd. Probleme Paperback: 286 pages Platform (August 18, 2015) Language: German ISBN-10: 1516931661 ISBN-13: 978-1516931668 9)Treasury in Practice: Translation - Risk, Fair Value Hedge and Cash Flow Hedge: Hedge Accounting II Paperback: 276 pages Platform (November 21, 2015) Language: English ISBN-10: 1519456808 ISBN-13: 978-1519456809 10)Mrd. - Grab Devisenmanagement Teil II: Hedge Accounting Paperback: 270 pages Platform (July 4, 2015) Language: German ISBN-10: 1514803208 ISBN-13: 978-1514803202 11.) Mrd. - Grab Devisenmanagement: Können deutsche Top - Manager Globalisierung? (German Edition) (German) Paperback - March 17, 2015 Paperback: 498 pages Platform (March 17, 2015) Language: German ISBN-10: 1508898952 ISBN-13: 978-1508898955