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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › FV hedge
sir if the HEDGING INSTRUMENT is an equity investment measured using FVOCI model then where does gain/loss on hedging instrument and loss/gain on hedged item(measured at FVSPL model) go? SPL?
i ask this cause my text states that such movement is recorded in SPL, unless the HEDGED ITEM is equity investment measured at FVOCI.
A hedging instrument is a derivative.
Derivatives are FVPL.
