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E Ms. Susan M. Copper Technical Director Financial Accounting Standards Board 401 Merritt 7 P.O. Box 5166 Norwalk, CT 068565116 Ernst & Young LLP 5 Times Square New York, NY 10036 Tel: 212 773 3000 www.ey.com 25
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Selected issues about hedge refer to specific topics or concerns related to hedging activities that need to be addressed or reported.
Any entity or individual engaged in hedging activities may be required to file selected issues about hedge.
Selected issues about hedge can be filled out by providing detailed information about the hedging strategies, instruments used, risks being hedged, and effectiveness of the hedge.
The purpose of selected issues about hedge is to ensure transparency and compliance with reporting requirements related to hedging activities.
Information such as the type of hedging instruments used, fair value changes, gains or losses from hedging, and any ineffectiveness in hedges must be reported.
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