International Financial Reporting Standards (IFRS) has in the last 10 years become a global financial reporting language. We now have well over 100 countries that prepare IFRS financial statements for their large companies. As a precursor to our upcoming workshop on “Application of IFRS” from 16th to 19th June in Doha, I have analysed five key reasons why finance professionals need to be updated on IFRS:

Hedging is a practice which involves taking a market position to manage risks. Derivatives are often used to manage exposures to interest rate, currency, price and credit risks that corporate and financial institutions are not willing to accept on their balance sheet. What hedging solutions are available to corporate and financial institutions?