This live, virtual or face to face course analyses the impact of derivatives on the financial statements and application of hedge accounting in IFRS 9. The course also includes an overview of key differences between IFRS 9 and IAS 39 hedge accounting since preparers can continue with IAS 39 hedge accounting, pending completion of the International Accounting Standard Board’s project on dynamic risk management (macro-hedging).
There is extensive use of examples and case studies to explain the application and impact of derivatives and hedge accounting on the financial statements.
To enable the participants to obtain an in-depth understanding of the accounting for derivatives and hedge accounting:
The course is designed for those who use derivatives or hedge accounting under IFRS or are intending to do so in the future, including
A basic understanding of financial statements under any GAAP is a pre-requisite.