search query: @author Hofmann, R. / total: 8
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| Author: | Hofmann, R. |
| Title: | Ausgewählte Finanzinnovationen im handelsrechtlichen Jahresabschluss österreichischer und deutscher Kapitalgesellschaften. |
| Journal: | Journal für Betriebswirtschaft
1995 : VOL. 45:1, p. 21-45 |
| Index terms: | FINANCIAL INNOVATION HEDGING COMPANY REPORTS COMMERCIAL LAW AUSTRIA GERMANY |
| Language: | ger |
| Abstract: | The industrial enterprises have a growing interest in using financial innovations to cover risks of interest and exchange rates. Besides the companies appreciate the partial off-balance-sheet character of these instruments. But with time it may be necessary to depreciate other options or to solve provisions for contingent losses of pending swap and financial future contracts because of the principle of individual valuation. So the off-balance-sheet-character of the financial instruments is weakend. On account of the imparity principles these depreciations and solving provisions are forced, but the corresponding (unrealised) profits of the hedging transaction must not be regarded. All this leads under the present accounting standards to a distortion of the true and fair view. |
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