Participants in this one-day seminar will receive the foundation of hedge accounting /accounting for derivatives. Included in this accounting overview will be the fundamentals of achieving hedge accounting under both US GAAP and International Accounting Standards.
This is an ideal seminar for accountants whose companies are either currently involved in or looking to begin executing these complex structures.
After completing this course, participants should be familiar with the following:
Understanding of derivative instruments and basic accounting
Various means of achieving hedge accounting
Understand the reporting and disclosure requirements for derivatives
Discuss the recent guidance issued under US GAAP and IFRS related to fair value accounting and its effect on a derivative portfolio
Understand the operational challenges of implementing hedge accounting
