Recognizing a derivative classified as a fair value hedge of a firm commitment as an asset but
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 30% (10 reviews)
Firms do not recognize the fair value of the commitment except to t...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Financial Accounting An Introduction to Concepts, Methods and Uses
ISBN: 978-1133591023
14th edition
Authors: Roman L. Weil, Katherine Schipper, Jennifer Francis
Question Posted:
Students also viewed these Accounting questions
-
The recognition of a derivative classified as a fair value hedge of a firm commitment as an asset but not recognizing the commitment that the derivative is hedging as a liability is inconsistent. Do...
-
Forward exchange contract designated as a fair value hedge of a foreign-currency-denominated firm commitment to sell inventory, weakening $US Our U.S.-based company enters into a "firm commitment"...
-
Why do asset and liability balances for capital leases usually differ after the first year?
-
In an experiment that is designed to measure the Earths magnetic field using the Hall effect a copper bar 0.500 cm thick is positioned along an eastwest direction. If a current of 8.00 A in the...
-
Explain the following observations:
-
The following information for Drake Company, which adjusts and closes its accounts every December 31, is available for 2016: 1. Salaries accrued but unpaid total $2,840 on December 31, 2016. 2. The...
-
How do runway surface conditions affect takeoff and landing performance?
-
Prepare Carissa Communications multi-step income statement for the year ended July 31, 2016. Carissa Communications reported the following figures from its adjusted trial balance for its first year...
-
A carnival ride spins its riders in a circle of radius 20 m. The angular speed of the ride is 10 rad/s. What is the magnitude of radial acceleration of the riders?
-
Based on your answer to question 9, construct a first-quarter 2015cash flow forecast for Westmark Industrial. Westmark Industrials annual income statement and balance sheet for December 31, 2014...
-
What is the reasoning for including unrealized gains and losses on trading securities in income but including unrealized gains and losses on available-for-sale securities in Other Comprehensive...
-
During 2013, Fischer/Black Company purchased equity securities classified as available-for-sale securities. On May 22, 2014, the company recorded the following correct journal entry to record the...
-
The earth rotates on its axis at an angular speed of 1 rev/24 h. Find the linear speed (in km/h) (a) Of Singapore which is nearly on the equator. (b) Of Houston which is approximately 30.0 north...
-
Analyse how McDonald's has navigated the dynamic nature of culture in its global marketing strategies. Specifically, discuss how the company's adaptation to local cultural nuances influences consumer...
-
Calculate the work W done by a force F(x,y)=xi+yj acting on a particle that travels counterclockwise along the cardoid C defined by r(0)=1+sin0, 002x. (Note that [sinxcosxdx = ;sinx +C.)
-
I want know how to use Top-down Approach, Down-up Approach and Market Penetration Rate approach for Estimation of Market Size of the Home Espresso Machines Market in Australia. And use Demographic...
-
When electromagnetic radiation strikes perpendicular to a flat surface, a totally absorbing surface feels radiation pressure Io/c, where Io is the intensity of incident electromagnetic radiation. A...
-
Retail price data for n = 60 hard disk drives were recently reported in a computer magazine. Three variables were recorded for each hard disk drive as shown to the right.. y = Retail PRICE (measured...
-
Consider the following ER model for a course administration. Which statement is not correct? a. When mapping the ER relationship type teaches between Session and Teacher to the relational model, a...
-
Match each of the key terms with the definition that best fits it. _______________ A record of the sequence of data entries and the date of those entries. Here are the key terms from the chapter. The...
-
What does the law of one price say?
-
Financial statements include amounts in units of currency. What is the most common determinant of the firms choice of currency for financial reporting?
-
What distinguishes noncurrent assets from current assets?
-
Accounting treats cash discounts taken on the purchase of merchandise or equipment as a reduction in the amount recorded for the assets acquired. What justification can you see for this treatment?
-
Draw the shear diagram for the beam. Set P = 600 lb, a = 5 ft, b = 7 ft. Draw the moment diagram for the beam.
-
Ahmed, Bassem and Jamal are partners in Tadamon Company who share profits and losses at a ratio of 2 : 2 : 4 respectively. On 1 / 1 / 2 0 2 2 , it was decided to liquidate the company, and the...
-
Draw the shear diagram for the beam. Follow the sign convention. Draw the moment diagram for the beam. Follow the sign convention.
Study smarter with the SolutionInn App