IFRS® Standards

Dynamic Risk Management

Summary

Second half of 2018 – IASB to issue a second discussion paper.

Staff Contact(s)

Katharine Christopoulos, CPA, CA, CPA (Illinois)

Senior Principal, Accounting Standards Board

Meeting & event summaries


October 15, 2014

AcSB Decision Summary – October 15, 2014

The AcSB discussed the feedback obtained from the outreach activities with Canadian stakeholders on the IASB Discussion Paper, “Accounting for Dynamic Risk Management: a Portfolio Revaluation Approach to Macro Hedging.” The outreach activities consisted of consultations among Canadian stakeholders, an IASB member and staff, and the AcSB Chair and staff. Discussions also occurred at various AcSB committee meetings.

The AcSB approved its response letter to the IASB Discussion Paper.

June 17, 2014

AcSB Decision Summary – June 17, 2014

The AcSB staff presented an educational session on the IASB Discussion Paper, “Accounting for Dynamic Risk Management: a Portfolio Revaluation Approach to Macro Hedging.” At its May 2014 meeting, the AcSB approved a plan to respond to the Discussion Paper.

May 14, 2014

AcSB Decision Summary – May 14-15, 2014

The AcSB approved a plan to respond to the IASB’s Discussion Paper on this topic. This plan includes undertaking targeted outreach with Canadian stakeholders who might manage exposures to market price movements on a dynamic basis, and consulting with the AcSB’s User Advisory Council.

Canadian stakeholders are encouraged to submit their comments directly to the IASB by October 17, 2014.

News


October 17, 2014

News

Discussion Paper – Accounting for Dynamic Risk Management: a Portfolio Revaluation Approach to Macro Hedging – April 2014

On October 17, 2014, the AcSB submitted a comment letter responding to the IASB’s Discussion Paper issued in April 2014. The letter is generally supportive of creating a standard that reflects the dynamic risk management activities that occur within an entity. The letter discusses the feedback received from stakeholders on their three main concerns including scope, behavioural characteristics and whether the standard should be made mandatory or optional. Read the AcSB letter posted by the IASB.

April 23, 2014

News

IASB Discussion Paper – Accounting for Dynamic Risk Management: A Portfolio Revaluation Approach to Macro Hedging

April 23, 2014. The IASB has issued a Discussion Paper exploring an approach to account for an entity’s dynamic risk management activities. Canadian stakeholders are encouraged to submit their comments to the IASB by October 17, 2014.

Disclaimer

This project summary has been prepared for information purposes only. Decisions reported are tentative and reflect only the current status of discussions on this project, which may change after further Board deliberations. Decisions to publish Handbook material are final only after a formal ballot process.