Hedges

Can somebody pls confirm if this is right: - For asset/liability hedge, gains/losses are recognized in net income - For variable cash flow hedge, G/L recognized in AOCI - For FX hedges, G/L recognized in AOCI Thx!

stupid question, but wtf is AOCI?

aafraz4 Wrote: ------------------------------------------------------- > Can somebody pls confirm if this is right: > > - For asset/liability hedge, gains/losses are > recognized in net income Fair value hedge. Correct. > > - For variable cash flow hedge, G/L recognized in > AOCI 95% on this one. > > - For FX hedges, G/L recognized in AOCI 95% on this one too. > > Thx!

darkhelmet Wrote: ------------------------------------------------------- > stupid question, but wtf is AOCI? Accumulated Other Comprehesive Income