Accounting for Derivatives
Learn how to incorporate IFRS changes to how you account for derivatives.
Complying with IAS39, FAS133 and IFRS
There are new derivatives products being created every day and keeping up with how to account for them is a complex challenge.
How do you know how to account for these products? What are the rules for dealing with these products and how can you apply them to your job? In this two-day workshop everything will become clearer, you will learn how to account for derivatives products as set out in the IAS39 and the FAS133.
The course will focus on the changing accounting standards for derivatives.
What will you learn about accounting for derivatives?
- You will gain a thorough understanding of the current rules with respect to derivative accounting
- You will learn to apply these rules in practice
- You will be taken through international and US accounting standards and see how they have been translated into company accounts
- You will also look at the disclosure for derivatives that major banks are currently using taking HSBC and other banks as examples
- You will learn how to account for derivative products such as:
- Foreign Exchange
- Options
- Futures
- Swaps
- Forwards
- Briefly look at how to value derivatives products
- Hedge accounting
- And much more...
Who should attend?
- Treasury accountants and staff
- Internal and external auditors
- Risk Managers
- Compliance staff
- Finance staff