Accounting for Derivatives
Demystify the complex accounting rules for derivatives and hedges. This course strips away technical jargon and focuses on the essential accounting treatments, controls, and disclosure requirements. You will master the mechanics of cash flow hedges and fair value hedges while understanding how organizations use derivatives to manage financial risk. Apply clear, practical guidance to improve reporting accuracy, strengthen internal controls, and properly reflect hedging strategies in the financial statements.
Format
PDF Course
Course Lists
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.
Program Refund Policy: For more information regarding administrative policies concerning complaints, refunds, and other matters, see our policies page.