Sir, with reference to PYQ June 2015 Q4(b),I would like to confirm with you that the cumulative gain/loss in the OCI for a hedging instrument will be automatically recycled to PnL when there is depreciate.impairment or sold of hedged items?
Thank you.
Ask the Tutor ACCA SBR
Cash flow hedge
Very good summary - so recycle whenever the hedged item 'hits' the P&L
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