Hedge Accounting in Financial Reporting: A Case Study of Goodman Group

Student Name
UNIVERSITY NAME | AUSTRALIA
FINANCIAL
REPORTING
ACC00145 2019 S1

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Professor
University
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Executive Summary
This report is prepared on one of the listed companies which is using Hedge
Accounting in the financial statements. The company under consideration is
Goodman Group of companies. It is an Australian company. The report elucidates
the concept of hedge accounting and its implementation in the books of
accounts. The report is also explaining the way the Goodman Group has adopted
the hedge and its qualifying criteria. One can also find the pros and cons of
hedge accounting in this report. It focuses on the measurement of hedge
instruments and the hedged items in the company’s books of accounts. To
validate the facts shared in the report, relevant paragraphs from Australian
Accounting Standards have been cited in it.
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Contents
Introduction........................................................................................................... 5
Discussion and Analysis......................................................................................... 5
Hedge Presented in Annual Report and Qualifying Criteria Adopted by the
company............................................................................................................. 5
Advantages and Disadvantages of Hedge Accounting.......................................9
Measurement of Hedge Instrument and the hedged item in the company........9
Conclusion........................................................................................................... 10
References........................................................................................................... 11