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Accounting for Hedges and Derivatives
The majority of reporting companies manage many of their risks with the use of hedges and derivatives. Given the impacts of these activities on financial statements, this course demystifies the motivations for, and the requirements of hedge accounting.
The course will make use of various real-world examples to explain the types of derivatives used by companies to hedge various risks in their operations. The course will also identify and describe in detail the current rules and accounting methodologies for hedge accounting and the disclosure requirements that must be met by reporting companies.
Training Objectives
By the end of the programme, participants will be able to:
- Understand the reasons why companies hedge
- Construct a successful hedge and use hedge engineering to achieve better results
- Measure hedge effectiveness and ineffectiveness
- Identify and account for the different hedges
- Identify and analyse embedded derivatives
- Determine the appropriate treatment of embedded derivatives under IAS 39 and IFRS 9
- Discuss the latest developments on the macro-hedging standard and interest rate benchmark reforms
Accounting for Hedges and Derivatives
For 3 registrations from the same entity, a standard 10% discount will apply. For over 4 registrations please contact us.
Schedule
Friday 23/04/2021 - 09:00-17:15
Description
Event Details
The majority of reporting companies manage many of their risks with the use of hedges and derivatives. Given the impacts of these activities on financial statements, this course demystifies the motivations for, and the requirements of hedge accounting.
The course will make use of various real-world examples to explain the types of derivatives used by companies to hedge various risks in their operations. The course will also identify and describe in detail the current rules and accounting methodologies for hedge accounting and the disclosure requirements that must be met by reporting companies.
Training Objectives
By the end of the programme, participants will be able to:
- Understand the reasons why companies hedge
- Construct a successful hedge and use hedge engineering to achieve better results
- Measure hedge effectiveness and ineffectiveness
- Identify and account for the different hedges
- Identify and analyse embedded derivatives
- Determine the appropriate treatment of embedded derivatives under IAS 39 and IFRS 9
- Discuss the latest developments on the macro-hedging standard and interest rate benchmark reforms
Marios Mortis holds a bachelor’s degree in Business Administration in Accounting, a Master’s in Banking and Finance, and he is a qualified member of Association of Certified Chartered Accountants (ACCA). Marios has developed and conducted professional training courses on corporate reporting, Accounting and Finance, and Financial Workshops. He had, also, participated to researches on the area of finance and accounting in both academic and professional level. He has a working experience in the accounting, audit, advisory, assurance and banking sectors in various positions and companies in Cyprus. During last 4 years Marios continued his path in the education field which is a challenging and interesting field for him. He currently works as a Visitor Academic for a local University in Cyprus, where he is teaching courses such as Corporate Governance and Business Ethics, Corporate Finance, Corporate Risk Management and Audit and Assurance. He also holds the position of Trainer & Accountancy Programmes Leader for a local institute where among others he is teaching many courses of various accountancy qualifications, such as the Cash and Treasury Management, Credit Management, Governance, Ethics, and Risks, Management Accounting, and Indirect Tax.
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