Gebhardt, Günther; Reichardt, Rolf; Wittenbrink, Carsten - 2003 - Revised: November 2003
The paper analyses the effects of three sets of accounting rules for financial instruments - Old IAS before IAS 39 … restrictive hedge accounting rules, banks cannot adequately portray their best practice risk management activities under Current … IAS or US GAAP. We demonstrate that - contrary to assertions from the banking industry - mandatory FFV accounting …
