# ASC 815-35-05: Derivatives and Hedging — Net Investment Hedges — 05 Overview and Background

Source: FASB Accounting Standards Codification, Basic View

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## ASC 815-35-05: 05 Overview and Background

[Read section](https://asc.understandingaccounting.org/asc/815/35/#05-overview-and-background)

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##### [815-35-05-1](https://asc.understandingaccounting.org/asc/815/35/#815-35-05-1)

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This Subtopic provides incremental guidance on accounting for and financial reporting of hedges of a net investment in a foreign operation established under the criteria in Subtopic 815-20, such as subsequent measurement and dedesignation of a hedging relationship.