Cash flow hedges do not exist under ASPE.

Name: Cash flow hedges do not exist under ASPE.
Brand: Quizplus
Rating: 4.9 (41 reviews)

Question

Quizplus · Accepted Answer

Cash flow hedges do exist under Accounting Standards for Private Enterprises (ASPE) in Canada, but they are addressed differently compared to International Financial Reporting Standards (IFRS). ASPE provides guidance on hedge accounting, including cash flow hedges, in Section 3856, Financial Instruments.

Cash Flow Hedges Do Not Exist Under ASPE