Accountancy, asked by good6176, 1 year ago

What is meaning of effective portion of gains and losses on hedging instruments in a cash flow hedge

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Answered by itsTIGER
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A cash flow hedge is a hedge of the exposure to variability in the cash flows of a specific asset or liability, or of a forecasted transaction, that is attributable to a particular risk. ... Hedged item. Initially recognize the effective portion of any gain or loss in other comprehensive income.

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