Derivatives & Hedge Accounting is written specially to help readers unravel the complexity of hedge accounting. The book addresses hedge accounting and two key international standards: IAS 39 Financial Instruments: Recognition and Measurement (known as FRS 39 in Singapore) and the new IFRS 9 Financial Instruments (known as FRS 109 in Singapore) issued in November 2014. Authors Ng Eng Juan et al. take a straight-forward step-by-step approach to deal with the complex topic in just three chapters: · Chapter 1 Accounting for Derivatives discusses the nature, valuation and accounting for the four common types of derivatives: options, forwards, futures and swaps. · Chapter 2 Hedge Accounting under IAS 39 looks at hedge accounting under the existing IAS 39 standard. · Chapter 3 Hedge Accounting under IFRS 9 looks at hedge accounting under the new IFRS 9 standard.