Hedge Fund Accounting: Fundamentals of Accounting for Swaps

This course offers an overview of Swap Accounting. Starting with basic definition of swap, the course discusses different types of Swap instruments Hedge funds typically trade in and benefits of having exposure in swaps. The course further discusses accounting entries for Swaps, how to calculate Gain/Loss on swaps and how to show Swap Income and Open Swap Positions on a Fund’s Financials.

Topics Covered:

• Overview of Swap
• Different type of Swaps
• Accounting entries for Swap Accounting
  • Opening and Closing a Swap position
  • Interest and dividend on Swap
  • Pricing
  • Calculation of Swap Income/Loss
• Reconciliation with Counterparties
• Swaps on Fund’s Financials