AASB 2010-7 - Amendments to Australian Accounting Standards arising from AASB 9 (December 2010) - December 2010
89If a fair value hedge meets the conditions in paragraph 88 during the period, it shall be accounted for as follows:
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89 If a fair value hedge meets the conditions in paragraph 88 during the period, it shall be accounted for as follows:
(b) the gain or loss on the hedged item attributable to the hedged risk shall adjust the carrying amount of the hedged item and be recognised in profit or loss. This applies if the hedged item is otherwise measured at cost.
90 If only particular risks attributable to a hedged item are hedged, recognised changes in the fair value of the hedged item unrelated to the hedged risk are recognised as set out in paragraph 5.7.1 of AASB 9.