Derivative accounting debits and credits
and effectiveness tests
Don’t worry, we’ll handle it.
Companies hedging interest rate risk know you don’t need a high volume of derivatives to experience material swings in derivative values. But, like companies with high volumes of trades, you know that finding staff with even a working knowledge of derivative accounting is difficult, if not impossible.
Hedge Trackers’ staff of highly-trained professionals can make best-in-class resources available to your company, irrespective of your volume. Our SAS 70 (Type II) compliant outsourced derivative entries include derivatives independently valued, effectiveness testing and a measure of the current period effectiveness of the hedge relationship. You can rely on our staff to keep your reporting team current with codification updates and new disclosure requirements, and to keep your program on track for IFRS convergence.
For organizations whose top talent is focused on accounting issues related to their core business, we provide the technical expertise to manage your derivative accounting requirements.
Additional services, including accounting policy development, ASC 815 (FAS 133) compliant documentation are available through our Interest Rate Consulting Services.