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Hedge accounting

Disclosures (IFRS 7)

3.1 Introduction to IFRS 7

the significance Objectives – the nature and
extent of risks
of financial to enable
arising from
instruments for users of financial
the entity’s accounts to instruments,
financial position
assess: and how the
and performance entity manages

those risks

IFRS 7

Qualitative risks Disclosures Quantitative risks
– management’s – information about
objectives, policies the extent to which
and processes for the entity is

managing risks. exposed to risk

Three categories:

 Credit risk
 Liquidity risk

 Market risk

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