Accounting for Derivatives and Hedges ON DEMAND
Available Until
Your Desk
3.0 Credits
Member Price $87.00
Non-Member Price $100.00
Overview
Accounting for derivatives and hedges has a reputation for being among the most arcane in accounting. In Accounting for Derivatives and Hedges, we attempt to reduce this concern by focusing first on the nature of derivative instruments and how they function. After a clear and thorough presentation on derivatives, we proceed to the essentials of how to account for them.
Highlights
Derivatives. Hedge. Foreign Exchange Risk Management Alternatives. Interest Rate Risk Management Alternatives. Credit Risk Management Alternatives. Foreign Exchange Hedging Instruments. Interest Rate Hedging Instruments. Credit Risk Hedging Instruments. Derivative Accounting. Hedge Accounting. Embedded Derivatives. Hedging Controls. Unhedged Foreign Exchange Gains and Losses. Derivative and Hedging Disclosures.
Prerequisites
None.
Designed For
CPAs, CFOs, controllers, financial professionals, and auditors.
Objectives
Identify the main aspects of foreign exchange and interest rate risk along with the methods available to mitigate them. Note the accounting for derivative speculation and the classifications for hedges and investments. Identify the contents of other comprehensive income. Recognize the methods used to measure hedge effectiveness.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Steven Bragg, Western CPE
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.
Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).
Non-Member Price $100.00
Member Price $87.00