Course ID: DERV

The Basics of Derivatives and Hedge Accounting

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

Learning Objectives
  • 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

Major Topics
  • Overview of nature and types of common derivatives
  • What is hedge accounting and why it is desirable
  • Illustrations and examples of common transactions
  • Recent changes to accounting and financial reporting requirements

Advanced Preparations


Who Should Attend

Industry and public accountants

Fields of Study



Business Learning Institute

CPE Credits


This course is available for your group as:


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