The requirements of U.S. GAAP can be overwhelming for professionals responsible for the preparation of financial statements. ASC 815, Derivatives and Hedging, provides guidance on derivatives and hedging. This program presents the latest guidance on implementation of the standard, including examples.
Course ID: DH2
Derivative and Hedging
- Participants will be able to: Understand derivatives and hedging and how they work Properly account for derivatives Properly disclose derivatives
Effective versus ineffective hedges Derivative instrument types Accounting requirements Embedded derivatives Interest rate swaps Disclosure requirements Illustrative examples and questions for discussion
DESIGNED FORCPAs preparing financial statements for entities that invest in derivatives and hedging. This course provides answers to some of the more complicated accounting issues related to the topic.
FIELD OF STUDY