Accounting for Derivatives
Derivatives and hedges have a well-earned reputation for arcane accounting rules. This course cuts through the jargon to the essential accounting required for derivatives and hedges, as well as the associated controls and disclosures. It specifically emphasizes cash flow hedges and fair value hedges. In addition, it is helpful to see how derivatives are used, so the course addresses how they can be deployed to mitigate certain types of risk.
Format
PDF Course
Level
Overview
Duration
3 Hours
Course Information
Author: Steven Bragg
Table of Contents
Learning Objectives
Level: Overview
Course Number: AC1084
Table of Contents
Chapter 1. Derivatives and Hedging Transactions
Chapter 2. Accounting for Derivatives and Hedges
Learning Objectives
- Identify the main aspects of foreign exchange and interest rate risk and the methods available to mitigate them.
- Specify the accounting for derivative speculation, and the classifications for hedges and investments.
- Recognize the methods used to measure hedge effectiveness.
Level: Overview
Instructional Method: QAS Self-Study
NASBA Category: Accounting
Prerequisites: None
Advance Preparation: None
Latest Review Date: January 2025
Program Registration Requirements: Click on the Enroll button to pay for and access the course. You will then be able to download the course as a PDF file, then take an on-line examination, and then download a certificate of completion if you pass the examination.
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