6533b82dfe1ef96bd129107a
RESEARCH PRODUCT
Un bastion de la résistance aux IFRS, la macro-couverture
Stéphane LefrancqIsabelle ChambostEvelyne Poincelotsubject
Banking intermediationIntermédiation bancaireRedditionMacro-hedgingNormes comptables internationalesAccountabilityMacro-couverture[SHS.ECO] Humanities and Social Sciences/Economics and FinanceInternational accounting standardsFinancial intermediationIntermédiation financièredescription
The lingering memory of the opposition within the EU to the endorsement of IAS 39 is still very much alive, and the so - called “carve out” standard is a daily remembrance of this fact . It is most commonly associated with the widespread use, within this standard, of the fair - value. This presentation aims at studying another battlefield, the banking practice of macro - hedging and the way French banks are still accounting for it. To This topic will be dealt with through the economic models at stake and their impact on the financial statements, in order to observe how an entity may, or may not, account for this specific activity.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2016-01-01 |