Hedge Accounting Webinar
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Overview
Hedge accounting is a complex financial topic. Many companies use derivatives to hedge their foreign currency exposure. The most obvious foreign currency exposures to hedge are balance sheet items, such as foreign denominated receivables and payables, cash or other short-term assets or liabilities. These items are often hedged with forward or date-window forward contracts. In this program, we will:
- Review the requirements for Hedge Accounting
- Discuss how to identify the basic characteristics, risk management strategies, and accounting requirements for derivatives
- Summarize ASU 2017-12: Targeted Improvements to Accounting for Hedging Activities
- Discuss accounting for foreign currency hedges
Objective
To update CPAs and other financial professionals on the accounting for hedges of recognized foreign denominated assets and liabilities.
Emphasis
- Types of Hedges
– Fair value
– Cash flow
– Net investment - Interest Rate Swap
- Designating Qualifying Relationships
- Assessing Effectiveness
- Regression Analysis
- Applying ASC 815
- Cash Flow Hedge Accounting
- Required Documentation
- Current Events in Hedge Accounting
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View SubscriptionsPrerequisite
Basic knowledge of financial instruments and financial accounting and reporting
Level of Knowledge
Overview
CPE Credits
1.5
Hours
NASBA Field of Study
Accounting