Course ID: HEDGE

Derivatives and Hedge Accounting: The Essentials

Hedge accounting, is among the most difficult to grasp topics in U.S. GAAP. The fact patterns of the transactions within the scope of Topic 815 can be very complex and highly varied, large doses of judgment are involved, and there are numerous exceptions to general rules. In order to show you that there is actually a “method to the madness” of hedge accounting, this course will start with the basics of derivative financial instruments. Numerous examples will systematically build on earlier discussions.

Learning Objectives
  • Master the essentials of derivatives and hedge accounting
  • Recognize complex areas and choose from various options for developing solutions

Major Topics
  • Introduction to derivatives and the financial economics of hedging
  • Hedge accounting essentials and critical details
  • Measuring hedge effectiveness
  • Embedded derivatives
  • Termination of hedging relationship
  • Disclosures requirements (including SEC requirements)
  • Comparison of U.S. GAAP requirements to IFRS
  • Recent developments and the outlook for additional Codification amendments

Who Should Attend

Financial accountants and financial managers

Fields of Study



Business Learning Institute

CPE Credits


This course is available for your group as:


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