The IFRS general hedge accounting model has been completely rewritten and the new rules will give stakeholders the tools to develop their hedging strategies. The model is at odds with U.S. GAAP despite the pressure from the G20 to converge under a single high quality global accounting standard. ISDA anticipates that the model will become a new benchmark for the derivatives industry as soon as it is published by the IASB. This conference offers an ideal opportunity to understand the new rules and consider the dynamics for market participants. The differences with U.S. GAAP will also be discussed. Participants will be given the opportunity to gain an in-depth understanding of the treatment of derivatives in hedge accounting and the practical changes introduced by the IASB. This conference is recommended for accounting practitioners, auditors, treasurers, analysts of financial statements, derivative traders and anyone seeking a deeper understanding of the practical application of the new hedge accounting requirements expected to be issued by the IASB in December 2012.
