IFRS for Derivatives & Hedging
| Date: | 16-Dec-15 to 18-Dec-15 |
| Location: | Radisson Blu Edwardian Vanderbilt Hotel / London / United Kingdom |
| Category: | Education |
This comprehensive three-day course provides an in-depth review of the current IFRS accounting and reporting requirements for derivatives and hedging.
The IASB published the final version of IFRS 9 Financial Instruments in July 2014, incorporating the new chapter on general hedge accounting which was first published in November 2013. IFRS 9 will replace IAS 39 for annual periods beginning on or after 1 January 2018. The IASB also has a separate project on macro hedging and a Discussion Paper was published in April 2014. These changes will have a significant impact on financial and non-financial organizations and will make hedge accounting more widely available. It will be important for entities to understand these changes.
The requirements for derivatives and hedging are explained in clear, simple language and illustrated with corporate annual reports and other real-world examples. Valuations, hedge documentation processes, effectiveness testing, and journal entry outcomes are explained and illustrated by the specialist instructor. Delegates are also invited to bring along their own examples to discuss during the course.
This program answers questions such as:
What are the current and future requirements for hedge accounting?
How does classification of financial instruments affect the decision to use hedge accounting?
What is fair value?
How can hedge engineering work to achieve better results?
What are the hedge accounting documentation requirements?
How is hedge effectiveness designed and tested?
How can ‘hidden’ derivatives be identified?
When do hybrid instruments need to be separated?
What are the principal similarities and differences between US GAAP and IFRSs in the area of derivatives and hedge accounting?
What are the proposals for accounting for macro hedging in the IASB’s Discussion Paper?
The IASB published the final version of IFRS 9 Financial Instruments in July 2014, incorporating the new chapter on general hedge accounting which was first published in November 2013. IFRS 9 will replace IAS 39 for annual periods beginning on or after 1 January 2018. The IASB also has a separate project on macro hedging and a Discussion Paper was published in April 2014. These changes will have a significant impact on financial and non-financial organizations and will make hedge accounting more widely available. It will be important for entities to understand these changes.
The requirements for derivatives and hedging are explained in clear, simple language and illustrated with corporate annual reports and other real-world examples. Valuations, hedge documentation processes, effectiveness testing, and journal entry outcomes are explained and illustrated by the specialist instructor. Delegates are also invited to bring along their own examples to discuss during the course.
This program answers questions such as:
What are the current and future requirements for hedge accounting?
How does classification of financial instruments affect the decision to use hedge accounting?
What is fair value?
How can hedge engineering work to achieve better results?
What are the hedge accounting documentation requirements?
How is hedge effectiveness designed and tested?
How can ‘hidden’ derivatives be identified?
When do hybrid instruments need to be separated?
What are the principal similarities and differences between US GAAP and IFRSs in the area of derivatives and hedge accounting?
What are the proposals for accounting for macro hedging in the IASB’s Discussion Paper?
Exhibitors
Eamonn Walsh
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