Cross-currency flap leaves cloud over IFRS 9

Purely hypothetical

jacqui-drew

At the end of 2012, Martin Friedhoff, an associate director at the International Accounting Standards Board (IASB) who focused on hedge accounting issues, switched jobs – moving to Ernst & Young and relocating to Auckland in New Zealand. It was probably a smart move to put some distance between himself and the world’s main financial centres, because one of his final acts prior to emigrating was to spearhead a controversial staff paper suggesting banks, corporates and other derivatives users had

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: