But if you want longer-lasting flowers, perfect hedges
and grass as verdant as a golf course, you'll need to lift your green fingers every so often.
OTC derivatives can have the big advantage of being perfect hedges
that minimize hedge accounting problems, Wallace notes, but the Financial Accounting Standards Board will be coming out with new rules for hedge accounting and may well require effectiveness testing for all hedges, with no shortcut for perfect hedges
done with OTC derivatives, as the International Accounting Standards Board already does.
Perfect hedges are like perfect humans--they don't exist nor will they ever exist, but they can serve as a benchmark.
If the elevator has a perfect hedge then the effect is no gain or loss on the transaction.
We strive to get perfect hedges
and at the moment we are right in the middle of our busiest time for hedgecutting.
133, "Accounting for Derivative Instruments and Hedging Activities," on derivatives that do not qualify for "hedge treatment," as well as on derivatives that do qualify but are in part ineffective because they are not perfect hedges
, we focus on the long-term economic effectiveness of those instruments relative to the underlying hedged item and isolate the effects of interest rate volatility, changing credit spreads and changes in our stock price on the fair value of such instruments during the period.
The whole garden is walled by perfect hedges
of Yew topped at intervals by topiary lollipop spheres of the Yew.
In mortgage banking, there are no perfect hedges
,' Haas added, 'and management of earnings volatility is WaMu's most significant risk.
If an interest rate swap contract meets certain criteria and its critical terms match the other conditions of ASC 815, the hedge contract may possibly be a perfect hedge and therefore qualify for adoption of a simplified accounting method (i.
Companies may use the shortcut method for their perfect hedge programs if certain criteria are met.
1) Our study shows that an exporting firm can benefit from hedging exchange rate risks even when no perfect hedge is possible.
We define hedging in which [Mathematical Expression Omitted] a perfect hedge and hedging in which [Mathematical Expression Omitted] is volatile an imperfect hedge.