CTHIn ForceLegislation
AASB 139 - Financial Instruments: Recognition and Measurement - August 2015
95If a cash flow hedge meets the conditions in paragraph 88 during the period, it shall be accounted for as follows:
Start here
Get a plain-English read of 95
Turn the raw legal text into a practical explanation grounded in AASB 139 - Financial Instruments: Recognition and Measurement - August 2015.
95 If a cash flow hedge meets the conditions in paragraph 88 during the period, it shall be accounted for as follows:
(a) the portion of the gain or loss on the hedging instrument that is determined to be an effective hedge (see paragraph 88) shall be recognised in other comprehensive income; and
(b) the ineffective portion of the gain or loss on the hedging instrument shall be recognised in profit or loss.