The extent to which financial reporting requirements for exchange rate hedging activities are met - a comparative analytical study
Keywords:
Financial reporting requirements, exchange rate hedgingAbstract
The exchange rate of the real economic face of any country, and with the development in the business environment resulted in an increase in risks, especially exchange rate risks, which prompted the economic units to avoid them by hedging financial instruments. As the Iraqi economic units do not report financial activities on hedging activities, Which prompted the researchers to address this problem and its statement, as well as urging those units to seek the application of international accounting and financial reporting standards.
References
أولاً: المصادر العربية:
عنيزة, حسين هادي, (2007), (القياس والإفصاح عن الأدوات المالية المشتقة في القوائم المالية), أطروحة دكتوراه مقدمة إلى مجلس كلية الإدارة والاقتصاد / جامعة بغداد, غير منشورة.
المبيضين, أحمد محمد, (2017), (أثر تطبيق محاسبة التحوط على عدالة البيانات والتقارير المالية السنوية), رسالة ماجستير مقدمة الى كلية الأعمال قسم المحاسبة, جامعة الأسراء, الأردن, غير منشورة.
ثانياً: المصادر الأجنبية:
AASB(Australian Accounting Standards Board) Exposure Draft,(2015), (Conceptual Framework for Financial Reporting), By AASB, PO Box 204.
Abel, Andrew B., Bernanke, Ben S. And Croushore, Dean, (2014), (Macroeconomics), Eighth, Edition, by Pearson Education, Inc. U.S.A.
Aljandali, Abdulkader M.,(2014), (Exchange Rate Forecasting: Regional Applications To ASEAN, CACM, MERCOSUR And SADC Countries), Thesis Submitted for the Degree of Doctor of Philosophy, London Metropolitan University.
Auerbach. Alan J., Kotlikoff Laurence J. (1998), (Macroeconomics: An Integrated Approach), Second Edition, Cambridge: MIT Press., 0-262-01170-0.
Bakker, Erwin., Rands, Edward., Balasubramanian, TV., And Other, (2017), (Interpretation and Application of IFRS Standards), by John Wiley& Sons, Ltd. IFRS Foundation ,used under licence, United States of America.
Baumol, William J. And Blinder, Alan S.,(2012), (Macroeconomics: Principles & Policy), Twelfth International Edition, By South-Western, Cengage Learning, Canada.
Beams, Floyd A. Anthony, Joseph H. Bettinghaus, Bruce and Smith, Kenneth A.(2012), (Advanced Accounting), Eleventh Edition, by Pearson Education, Inc., Upper Saddle River, New Jersey.
Bierman, Jr. Harold., Johnson, L. Todd and Peterson, D. Scott, (1991), (Hedge Accounting: An Exploratory Study of the Underlying Issues (Research Report)), Financial Accounting Standard Board.
Bogicevic, Jasmina,(2013), (Accounting Implications of Foreign Currency Transactions Translation and Hedging), Original scientific paper, UDC: 005.334:336.764.1 ; 336.745 ; 657.631.6.
Boykorayev, Bahodirjon,(2008), (Factors that Determine Nominal Exchange Rates and Empirical Evidence of Cross-sectional Analysis), Aarhus School of Business, MSc in Finance and International Business.
Brucaite, Vika and Yan, Shanhong,(2011), (Financial Risk Management), School of Economics and Commercial Law, Goteborg University, ISSN 1403-851X.
Carbaugh, Robert J.,(2015), (International Economics), Fifteenth Edition, By Cengage Learning, Boston, MA 02210, U.S.A.
Choi, Frederick D. S. And Meek, Gary K.(2011), (International Accounting), Seventh Edition, Pearson Education, Inc., publishing as Prentice Hall, 07458. U.S.A.
Christensen, Theodore E., Cottrell, David M. and Baker, Richard E., (2014), (Advanced Financial Accounting), Tenth Edition ,by The McGraw-Hill, Inc. , USA.
Cucerenco, Liviu,(2015), (Did Fair Value Accounting Contribute To The 2008 Financial Crisis?), Master’s Thesis, Accounting Department, University Of Oulu.
David, Tal ,Ben,(2013), (The Effectiveness of Hedging Foreign Exchange Rate Risk: An Emerging Market Perspective), Masters of Management in Finance and Investment, University Of The Witwatersrand.
Dohring, Bjorn,(2008), (Hedging And Invoicing Strategies To Reduce Exchange Rate Exposure: A Euro-Area Perspective), European Commission, http://ec.europa.eu/economy_finance/publications.
Elliott Barry and Elliott Jamie,(2009), (Financial Accounting and Reporting), Thirteenth Edition, by Pearson Education Limited 2000, 2009.
Elliott, Barry And Elliott, Jamie, (2017), (Financial Accounting and Reporting), Eighteenth Edition, Pearson Education Limited, British Library Cataloguing-in-Publication Data, Printed and bound in Malaysia.
Feng, Xiaozhou,(2007), (Corporate Hedging of Currency Exchange Risk), Industrial Engineering and management, University of Twente, s0097993.
Friedman, M. And Schwartz, A. J.,(1963), (A Monetary History of the United States 1867-1960), by National Bureau-of Economic Research, U.S.A.
Glaum, Martin and Klocker, André,(2011), (When the tail wags the dog: Hedge accounting and its influence on financial hedging), Forthcoming in: Accounting and Business Research. Giessen, Germany.
Homaifar, Ghassem A., (2004), (Managing Global Financial and Foreign Exchange Risk),by Wiley& Sons, Hoboken, New Jersey, U.S.A.
Hoyle, Joe B. Thomas F. Schaefer And Doupnik, Timothy S. (2013), (Advanced Accounting), Twelfth Edition, by The McGraw-Hill, U.S.A.
Jarrow, Robert A. And Chatterjea, Arkadev.(2013), (An Introduction To Derivative Securities, Financial Markets, and Risk Management),by W. W. Norton And Company, U.S.A.
Karlsson, Andreas And Palm, Per,(2012), (Foreign Currency Denominated Debt as a Hedging Instrument), Graduate School Master of Science in Finance Master Degree Project No. 2012:98 University Of Gothenburg.
Khahgaany, Maithm Malik Radhi,(2015), (Reclassification OF Financial Instruments In Publicly Listed IFRS Banks: A Cross-Country Study Of Determinants, Level Of Compliance, And Value Relevance), Griffith University, Department of Accounting, Finance and Economics.
Lent, Rob, Van,(2014), (The Influence Of IFRS On CCCTB Is It Possible, Taking Into Account The Principles Of The CCCTB, To Follow IFRS Measurement For CCCTB Regarding Bonds, Loans And Interest Rate Swaps With Or Without Hedging?), Master International Business Taxation, 242830., Tilburg University.
Lera, Sandro, Claudio And Sornette, Didier, (2015), (Currency target zone modeling: An interplay between physics and economics), Swiss Finance Institute, c/o University of Geneva, Switzerland.
Lewis, Richard And Pendrill, David,(2004), (Advanced Financial Accounting), Seventh Edition, by Pearson Education Limited, U.K.
MacDonald, Ronald, (2007), (Exchange Rate Economics Theories and Evidence), By Routledge 2 Park Square, Milton Park, Abingdon, Oxon OX14 4RN, Simultaneously published in the USA and Canada.
Mackenzie, B. et al., (2014), (Interpretation and Application of International Financial Reporting Standards), New Jersey: John Wiley & Sons, Inc., U.S.A.
Madura, Jeff,(2015), (International Financial Management), Twelfth Edition, By Cengage Learning, Canada.
Marroni, Leonardo And Perdomo, Irene, (2014), (Pricing and Hedging Financial Derivatives), By John Wiley & Sons, Ltd, West Sussex, PO19 8SQ.
Megginson, W.L. And Smart, Scott, B.,(2009), (Introduction to Corporate Finance), Second, Edition, By South-Western Cengage Learning, U.S.A.
Middelberg, Susanna, Levina,(2011), (The Accountancy Implications of Commodity Derivatives in the Agricultural Sector), Thesis submitted for the degree Doctor of Philosophy in Accountancy at the Potchefstroom Campus of the North-west University.
Moffett, Michael H., Stonehill, Arthur I. And Eiteman, David K., (2015), (Fundamentals of Multinational Business Finance), Fifth Edition, by Pearson Education, Inc., United States of America.
Mohammed, Yusuf, Alkali And Lode, Nor, Asma,(2015), (The Value Relevance of Accounting Disclosures Among Nigerian Financial Institutions After the IFRS Adoption), Mediterranean Journal of Social Sciences, MCSER Publishing, Rome-Italy, Vol. 6 No 1. January 2015.
Mugi, Amos, Ngari,(2015), (The Effect Of Foreign Exchange Risk Management Practices On Financial Performance Of Commercial Banks In Kenya), University Of Nairobi, D63/73134/2014, Nov., 2015.
Porter, Gary A. And Norton, Curtis L.,(2015), (Financial Accounting: The Impact on Decision Makers),Ninth Edition, By Cengage Learning, Canada.
Ramirez, Juan (2015), (Accounting for Derivatives), Second Edition, John Wiley & Sons, Ltd.
Ratti, Ronald A.,(2017), (On Optimal Contracts for Central Bankers and Inflation and Exchange-Rate-Targeting Regimes), Journal of Money, Credit, and Banking, University of California, San Diego (16 May 2017 21:01 GMT).
Ross, Stephen A., Westerfield, Randolph W. And Jaffe, Jeffrey, (2013), (Corporate Finance), Tenth Edition, by McGraw-Hill/Irwin, Inc., New York, U.S.A.
Saterborg, Erik,(2010), (The Determinants of Hedging with Currency Derivatives),Student Umea School of Business, Spring semester.
Shapiro, Alan C.,(2014), (Multinational Financial Management), Tenth Edition, By John Wiley & Sons, Inc., United States of America.
Sundaram, Rangarajan K. And Das, Sanjiv R. (2011), (Derivatives: Principles and Practice), McGraw-Hill/Irwin, United States Americas.
Tiffin, Ralph, (2010), (The Complete Guide to International Financial Reporting Standards Including IAS and Interpretation), Third Edition, by Thorogood Publishing Ltd London, U.K.
Wahlen, James M., Jones, Jefferson P. And Pagach, P. Donald ,(2016), (Intermediate Accounting: Reporting and Analysis),Second Edition, by Cengage Learning, Canada.
Weil, Roman L., Schipper, Katherine And Francis, Jennifer,(2014), (Financial Accounting: An Introduction To Concepts, Methods, and Use), Fourteen Edition, by South-Western, Cengage Learning, USA.
Wilmott, Paul,(2007), ( Paul Wilmott Introduces Quantitative Finance) , Second Edition, by John Wiley & Sons Ltd.
Zaiceanu, Ana Maria,(2016), (Theoretical and Empirical Research regarding the Performance of Financial Investment Companies based on Accounting Information), PhD Student, Suceava, Valencia.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 Economics and Administration College - Karbala University
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Authors retain the copyright of their papers without restrictions.
