Accounting for risk, hedging and complex contracts

Research output: Book/ReportBook

Abstract

With the exponential growth in financial derivatives, accounting standards setters have had to keep pace and devise new ways of accounting for transactions involving these instruments, especially hedging activities. Accounting for Risk, Hedging and Complex Contracts addresses the essential elements of these developments, exploring accounting as related to today's most relevant topics - risk, hedging, insurance, reinsurance, and more. The book begins by providing a basic foundation by discussing the concepts of risk, risk types and measurement, and risk management. It then introduces readers to the nature and valuation of free standing options, swaps, forward and futures as well as of embedded derivatives. Discussion and illustrations of the cash flow hedge and fair value hedge accounting treatments are offered in both single currency and multiple currency environments, including hedging net investment in foreign operations. The final chapter is devoted to the disclosure of financial instruments and hedging activities. The combination of these topics makes the book a must-have resource and reference in the field. With discussions of the basic tools and instruments, examinations of the related accounting, and case studies to help students apply their knowledge, this book is an essential, self-contained source for upper-level undergraduate and masters accounting students looking develop an understanding of accounting for today’s financial realities.

Original languageEnglish (US)
Place of PublicationNew York
PublisherRoutledge Taylor & Francis Group
Number of pages560
ISBN (Electronic)9781136489297
ISBN (Print)9780415808934
DOIs
StatePublished - 2013

Fingerprint

Hedging
Hedge
Insurance
Reinsurance
Cash flow
Single currency
Hedge accounting
Financial instruments
Swaps
Undergraduate
Accounting standards
Financial hedging
Financial derivatives
Development accounting
Currency
Fair value
Risk management
Accounting students
Resources
Derivatives

ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)
  • Business, Management and Accounting(all)

Cite this

Accounting for risk, hedging and complex contracts. / Abdel-Khalik, A. Rashad.

New York : Routledge Taylor & Francis Group, 2013. 560 p.

Research output: Book/ReportBook

Abdel-Khalik, A. Rashad. / Accounting for risk, hedging and complex contracts. New York : Routledge Taylor & Francis Group, 2013. 560 p.
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