This webinar covers:

• A review of derivative instrument types and the basics around Cash Flow and Fair Value designations under ASC 815. 
• The unique benefits of taking cash flow and fair value hedge accounting.
• An overview of the required documentation, effectiveness testing, and accounting under GAAP

After the webinar, participants will gain a high-level understanding of the benefits and requirements of hedge accounting treatment under ASC 815: Derivatives and Hedging.  The course will prepare individuals for Hedge Trackers’ Introduction to Interest Rate Hedge Accounting Workshop where we dive deeper into the aspects of ASC 815. 

For more information regarding refund, concerns and program cancellation policies, please contact our offices at 408-350-8580.

This workshop covers:

• A review of foreign exchange rates, how they work, direct vs. indirect concepts, and how they are used in a business setting 
• The reasons companies have foreign currency gain and losses, why they are considered undesirable, and their impact to an organization
• Accounting terminology related to foreign currency matters and an introduction into functional currency, remeasurement, and translation concepts 

After the webinar, participants will gain a high-level understanding of ASC 830: Foreign Currency Matters.  The class should provide basic information around foreign currency transactions and prepare one for Hedge Trackers’ Introduction to Accounting for Foreign Currency Transactions Workshop where we dive deeper into ASC 830.  Our “Introduction” class uncovers the drivers of foreign exchange gain/loss and how remeasurement and translation affects a company’s consolidated financial results.

For more information regarding refund, concerns and program cancellation policies, please contact our offices at 408-350-8580.

This workshop covers: 

• Four cornerstone concepts
• Eligibility requirements for both the hedged item and derivative
• Introductory valuation techniques for interest rate swap and cap contracts under ASC 820
• Key concepts related to cash flow and fair value hedge accounting
• Specific documentation requirements under ASC 815 required to qualify for special hedge accounting
• Effectiveness testing concepts and common techniques under the hypothetical derivative approach
• Effectiveness measurement and a review of journal entry preparation associated with hedge accounting
• Overview of the required quantitative and qualitative disclosure requirements under ASC 815

After the class, participants will have a solid foundation in the basics of interest rate hedging that can be applied immediately in their current roles.  The class provides valuable tools for understanding the requirements and hedge accounting concepts under ASC 815.  The course will also prepare one for Hedge Trackers’ Interest Rate Hedge Accounting Intermediate Workshop which covers a debit and credit intensive emersion into Cash Flow hedge accounting. 

For more information, please contact our office at 408-350-8580.

This workshop covers:

• Foreign currency terminology, functional currency concepts, and foreign currency exposure types.
• A two-step review: (1) We will examine how changes in non-local or non-functional currency transactions affect earnings and (2) we will review ASC 830 guidance for capturing the equity effects of non-US-dollar functional entities for reporting consolidated results.
• Easy to understand examples.  We will illustrate how a company’s functional currency elections affect the remeasurement and translation of monetary and non-monetary accounts and perform proofs to show the net impact of the cycle.
• The impact of foreign currency exposures on the FX gain/loss line in both earnings and equity. We will provide participants with a troubleshooting approach and tips so that they can track down, understand, and explain to management – what is driving the “noise” in the FX G/L line.

After the class, participants will be able to understand the ASC 830 cycle and the drivers of FX gains and losses that result from foreign currency transactions and translation.  The class provides valuable tools to troubleshoot foreign exchange gain/loss results and the basis needed to prepare one for Hedge Trackers’ FAS 52 (ASC 830) Intermediate Workshop.

For more information regarding refund, concerns and program cancellation policies, please contact our offices at 408-350-8580.

This workshop covers:

• An overview the key concepts of ASC 815
• Standard valuation techniques for interest rate swap, cap and collar contracts under ASC 820
• Effectiveness measurement: the hypothetical derivative and its construction
• Accounting impacts of designating interest rate swaps after inception
• Practical group study cases that incorporate differing interest rate hedging instruments
• Journal entry preparation practice cases and group discussion of results

After the class, participants who have participated in the basics through intermediate workshop training track will have a thorough understanding of hedge accounting enabling them to apply the concepts to finance and planning situations.  Completing the first three parts of this hedge accounting training track provides the foundation for our most conceptual course:  Advanced Concepts in Interest Rate Hedge Accounting.

For more information regarding refund, concerns and program cancellation policies, please contact our offices at 408-350-8580.

This workshop covers:

• Remeasurement and Translation – Participants will perform practical exercises to remeasure and translate foreign denominated financial statements
• Common Problems with Foreign Currency Accounting – Learn to identify and resolve ongoing problems associated with foreign currency denominated transactions including: foreign currency accruals, gains and losses on closed transactions and mismatches in consolidation.
• Reconciling a “Hedged” Foreign Exchange Gain/Loss Line – Learn the benefits of explaining, techniques for finding, and calculations associated with the causes of ineffectiveness in a balance sheet hedging program.
• Impact of Local Currency Functional Subsidiaries- Review how functional currency decisions impact a company’s ability to hedge and perceive its exposures. Discuss how non-monetary balances located on foreign functional financials react to changes in exchange rates.

After the class, participants will be able to understand and address ASC 830 foreign exchange gains and losses that result from foreign currency transactions and translation. You will be able to provide management with useful explanations and identify key sources of foreign currency gains and losses resulting from a company’s balance sheet hedging program.  Lastly, participants will be able to evaluate the potential impact functional currency decisions may have on their company and we have the basis necessary to understand and attend Hedge Trackers ASC 830 (FAS 52) – Advanced Workshop.

For more information regarding refund, concerns and program cancellation policies, please contact our offices at 408-350-8580.

This workshop covers:

• Designation of off-market interest rate swaps and associated accounting
• Updating of hypothetical derivative to reflect changes in transaction timing
• Credit valuation adjustments (CVA) and impact on hedge accounting
• Hedging forecasted debt issuances
• Fair value hedging: measuring the change in fair value of a hedged item for benchmark interest rate movements
• Journal entry preparation practice cases and group discussion of result

After the class, participants who have participated in the basics through advanced workshop training tracks will have a thorough understanding of interest rate derivative valuation and hedge accounting, enabling them to apply the concepts to a variety of interest rate hedging scenarios.   

For more information regarding refund, concerns and program cancellation policies, please contact our offices at 408-350-8580.

This workshop will cover:

• A review of detailed examples to explain the substantial disconnects between what treasury expects from cash flow hedging and how the accounting results impact consolidated earnings.
• A demonstration of the limitations of cash flow hedging results based on functional currency decisions presumably made years prior.
• A detailed dive will highlight how margin surprises are being generated by intercompany inventory transfers and deferred revenue held on foreign functional currency books–even for companies with hedging programs.  

Upon completion of this webinar, participants describe the functional currency concepts and accounting for foreign currency transactions.

For more information regarding refund, concerns and program cancellation policies, please contact our offices at 408-350-8580.

This webinar covers:

• A review of derivative instrument types and the basics around Cash Flow, Fair Value and Net Investment designations under ASC 815. 
• The unique benefits of taking Cash Flow hedge accounting.
• An overview of the required documentation, effectiveness testing, and accounting under GAAP.

After the webinar, participants will gain a high-level understanding of the benefits and requirements of hedge accounting treatment under ASC 815: Derivatives and Hedging.  The course will prepare individuals for Hedge Trackers’ Introduction to Foreign Currency Hedge Accounting Workshop where we dive deeper into the aspects of ASC 815. 

For more information regarding refund, concerns and program cancellation policies, please contact our offices at 408-350-8580.

This webinar covers:

• Review of the four cornerstone concepts in ASC 815 which lays the foundation for derivative accounting
• A review of common commodity specific nuances associated with commodity price risk including identifying virtual derivatives, normal purchase normal sale, and like items testing concepts
• An overview of the basics around Cash Flow and Fair Valued designations under ASC 815. 
• An overview of the required documentation, effectiveness testing, and accounting under GAAP

After the webinar, participants will gain a high-level understanding of how to identify virtual derivatives within their organization.  The class will provide basic information around the types of special hedge accounting and designations available for commodity price risk and when to use which designation.  The course will prepare one for Hedge Trackers’ new Introduction to Commodities Accounting workshop where we dive deeper into the aspects of ASC 815. 

For more information regarding refund, concerns and program cancellation policies, please contact our offices at 408-350-8580.