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IAS 39 Amendments - Financial Instruments: Recognition and Measurement: Cash Flow Hedge Accounting of Forecast Intragroup Transactions


The amendments allow entities to designate, in certain circumstances, a forecast intragroup transaction denominated in a foreign currency as the hedged item in consolidated financial statements. Thus, these amendments allow an exception from a general principle in IAS 39 that only a transaction external to the entity can be designated as a hedged item.

EFRAG published its final comment letter on the issue on 18 October 2004 and its endorsement advice on 16 May 2005.

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  • DCL
  • DEA