Wednesday, December 12, 2007

[International_Accounting_Standards] Re: Accounting for Financial instruments

Thanks

Do you know any books about the accounting side with examples of
accounting entries to be done.

--- In International_Accounting_Standards@yahoogroups.com, "mrkoak"
<mrkoak@...> wrote:
>
> --- In
> International_Accounting_Standards@yahoogroups.com, "pravish08"
> <pravish08@> wrote:
> >
> > Hi
> >
> > Can anyone let me have some notes or books regarding the fair
value
> > measurement for derivatives;i.e, what is the methods for fair
> > valuation of a forward, swap, commodity futures..credit default
> swap
> > etc.
> >
> > I am also looking for the accounting entries that should be done
on
> > initial recognition and on subsequent measurement.
> >
> > Thanks
> >
> For books: options futures and other derivatives by John Hull
> THis is a "must get" book to do valuations proficiently
> Initial recognition: depends on type of derivative. options have
> premiums whereas futures have no initial value.
> subsequent measurement: according to the move of the underlying
the
> derivative will price and the change will go into the P&L. All
> derivatives are accounted for as FVPL.
>
> regards,
>

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