IR Risk Management: A Deeper Dive into Cash Flow Accounting for Late Designations
November 19 @ 10:00 am PST - 11:00 am PST
This workshop is hands-on, case driven, and puts the ASC 815 Key Concepts to work. Participants will work on case studies designed to develop the ability to understand and prepare hedge accounting journal entries under cash flow hedge accounting treatment when you have a late designation. While everyone hopes to achieve hedge accounting from the beginning, many practioners find themselves in a late designation situation due to unexpected changes in the hedged item. This course will prepare you to understand the implications of a mid-term designation.
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This workshop covers:
• Off-market swap valuation
• Off-market regression testing
• Off-market effectiveness measurement
• Journal entry preparation practice cases and discussion of results
After the class, participants will have an understanding of how to account for swaps that have been designated after inception.
Delivery Method: Group Internet-Based
Program Level: Beginning (This course is designed for accounting, reporting, finance, or treasury personnel at any level who need a thorough understanding of how cash flow hedge accounting impacts the Company’s financial statements.)
Prerequisites: None (ASC 815 (FAS 133)
Advanced Preparation: None
CPE Credit: 1
For more information regarding refund, concerns, and program cancellation policies, please contact our offices at 408-350-8580.