The IASB published for public comment an exposure draft on the accounting for hedging activities. The exposure draft proposes requirements that will enable companies to reflect their risk management activities better in their financial statements, and, in turn, help investors to understand the effect of those activities on future cash flows.
The exposure draft Hedge Accounting is open for comment until 9 March 2011

The document is available on the IASB website.

Please find the press release herewith attached.