This guidance covers cases in which amounts in respect of derivative contracts are capitalised in a company's financial statements and therefore do not immediately give rise to amounts recognised as items of profit or loss. Such amounts are most likely to arise in respect of derivatives used to hedge interest rate risk, for example interest rate swaps or forward rate agreements. Both the accruing interest and amounts in respect of the hedging instrument may be capitalised.

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.