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.
