Český finanční a účetní časopis 2014(4):84-93 | DOI: 10.18267/j.cfuc.425

Portfolio Hedging and Earnings Management

Jan Novotný
Ing. Jan Novotný - doktorand; Katedra finančního účetnictví a auditingu, Fakulta financí a účetnictví, Vysoká škola ekonomická v Praze, nám. W. Churchilla 4, 130 67 Praha 3; <jan.novotny@vse.cz>.

This paper deals with achieving hedge accounting for portfolio of assets and liabilities. Furthermore, provides brief comparison between currently effective hedge accounting rules embodied in IAS 39 and forthcoming standard IFRS 9. The aim of presented paper is to highlight possible linkage between hedge accounting rules and earnings management, moreover, shows how might be risk management strategy of the firm adjusted in order to achieve hedge accounting. The paper also provides small review of relevant research made in area of earnings management and derivatives accounting.

Keywords: Hedge Accounting; IAS 39; IFRS 9; Earnings Management.
JEL classification: G32, M41

Published: December 1, 2014  Show citation

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Novotný, J. (2014). Portfolio Hedging and Earnings Management. Czech Financial and Accounting Journal, 2014(4), 84-93. doi: 10.18267/j.cfuc.425
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