F.V hedgeForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › F.V hedgeThis topic has 1 reply, 2 voices, and was last updated 2 years ago by Stephen Widberg.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts June 29, 2022 at 1:17 pm #659514 ABDULLAHI312ParticipantTopics: 106Replies: 97☆☆☆hi chris, hope you doing well. in the event of unrecognized firm commitment to purchase item of PPE (f.v hedge), is the journal going to be Dr financial assets and Cr p/l with full gain on the instrument? June 29, 2022 at 3:47 pm #659519 Stephen WidbergKeymasterTopics: 15Replies: 3328☆☆☆☆☆That’s a very hard question!I would treat as cash flow hedge – Dr FA Cr OCIFair value hedge is horrible – Dr FA Cr P&;L AND Dr P&L Cr Firm commitment liability with the same number – it’s crazy.If a candidate knew that I would eat my hat. It took me 30 years to get my head round it.Would I worry about it – no!AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In