Description

Derivative and hedge accounting can be complex and confusing. This course provides an introduction to relevant accounting and financial reporting requirements, including recent FASB changes.

Major Topics:

• Discuss an overview of the types and elements of derivatives
• Define hedge accounting and requirements for application to be eligible
• Explain common hedges of financial assets and liabilities
• Describe the impact of discontinuing hedge accounting
• Discuss simplified hedge accounting available to nonpublic business entities

Who Should Attend:
Anyone responsible for preparing or attesting upon financial statements.