SBR Pre Mock September 2026 | Q1 Morstone Analysis | IFRS 9, IAS 21 & Hedge Accounting | Raza Idris

In this video, we break down Question 1 – Morstone from the SBR Pre-September 2026 Mock. A detailed, exam-focused analysis covering: Foreign exchange differences – IAS 21 Conceptual Framework OCI vs Profit or Loss Hedge accounting – IFRS 9 Fair value hedge mechanics The aim is to help you: Understand the logic behind the accounting treatment Approach SBR requirements in an exam-focused way Master the calculations Identify where the marks are available Avoid common mistakes Maximise your SBR marks Key standards: IAS 21 – The Effects of Changes in Foreign Exchange Rates IFRS 9 – Financial Instruments IFRS 18 – Presentation and Disclosure in Financial Statements Conceptual Framework 👍 Found this lecture helpful? Please hit the LIKE button, SUBSCRIBE to the channel, and let me know in the comments which accounting standard you want me to simplify next!