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Term: Description of how entity determines economic relationship between hedged item and hedging instrument for purpose of assessing hedge effectiveness
Standard Label: Description of how entity determines economic relationship between hedged item and hedging instrument for purpose of assessing hedge effectiveness
Name: ifrs-full:DescriptionOfHowEntityDeterminesEconomicRelationshipBetweenHedgedItemAndHedgingInstrumentForPurposeOfAssessingHedgeEffectiveness
Identifier: ifrs-full_DescriptionOfHowEntityDeterminesEconomicRelationshipBetweenHedgedItemAndHedgingInstrumentForPurposeOfAssessingHedgeEffectiveness
Documentation: The description of how the entity determines the economic relationship between the hedged item and the hedging instrument for the purpose of assessing the hedge effectiveness. Hedge effectiveness is the extent to which changes in the fair value or the cash flows of the hedging instrument offset changes in the fair value or the cash flows of the hedged item. [Refer: Hedging instruments [member]; Hedged items [member]]
Category of Term: Concept
References: IFRS 7 22B b
Balance type: none
Period type: duration
Data type: xbrli:stringItemType

Last updated: 12/22/2019 8:31:01 AM

Public Domain