Derivatives and Hedging: Making Sense of the Complex Guidance in Topic 815 Webinar

Aug 7
9:00 - 1:00 p.m.

Online

4-A&A
CPE Credits

Derivatives continue to serve as a very effective method for entities to hedge their business risks. However, due to very complex accounting rules, many entities choose to not take advantage of this opportunity to reduce their exposure to interest rate, currency exchange, and general market risks that they encounter in running their businesses. In this course, we’ll review the basic accounting model for derivatives, focusing on the reasons why entities enter into such arrangements. We’ll then review cash flow, fair value, and net investment hedging strategies and explore in depth the documentation and other requirements necessary in order to obtain hedge accounting treatment for these types of transactions. Lastly, we’ll review the recent changes to the hedge accounting model brought about by recent FASB Updates on this topic. While accounting for derivatives and hedges will continue to be very challenging and often confusing, this course will help de-mystify this guidance and aid you in integrating these financial instruments into your risk management strategies.
Highlights
  • Common derivative financial instruments and their uses
  • Accounting guidance for derivatives
  • Common hedging strategies and how to account for them
  • Recent changes to the hedging accounting model under Topic 815

Registration

PICPA Member: $139
Nonmember: $189

More Information

Course No. DER4-2020-01-WEBNR-220-01

Level: Intermediate

Prerequisites: Experience in accounting and auditing

Notes
This webinar is hosted by PICPA's partner, Surgent CPE. After registering, you will receive an email from Surgent CPE with the log-in information.

Speaker(s)

Richard Daisley

Surgent McCoy CPE LLC