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Surgent's Derivatives and Hedging: Making Sense of the Complex Guidance in Topic 815 (DER4)

 Tuesday, Oct. 08, 2019 from 9:00 am to 12:30 pm
 Online
 
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Registration is Open
VSCPA Members
$139.00 Regular Registration
Nonmembers
$139.00 Regular Registration
Designed For:
Accounting and auditing practitioners at all levels desiring to understand the FASB's accounting guidance related to derivatives and hedging
Prerequisite:

Experience in accounting and auditing

Derivatives continue to serve as a very effective method for entities to hedge their business risks. However, due to very complex accounting rules, many entities choose to not take advantage of this opportunity to reduce their exposure to interest rate, currency exchange, and general market risks that they encounter in running their businesses.

In this course, we'll review the basic accounting model for derivatives, focusing on the reasons why entities enter into such arrangements. We'll then review cash flow, fair value, and net investment hedging strategies and explore in depth the documentation and other requirements necessary in order to obtain hedge accounting treatment for these types of transactions. Lastly, we'll review the recent changes to the hedge accounting model brought about by recent FASB Updates on this topic.

While accounting for derivatives and hedges will continue to be very challenging and often confusing, this course will help de-mystify this guidance and aid you in integrating these financial instruments into your risk management strategies.


Delivery Method: Individual webcast
CPE Credit: Accounting
Program Level: Intermediate

This course is being offered by a 3rd party vendor and will not be accessible on your My CPE page. Webinar access information will be emailed directly to you by Surgent McCoy.

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The Virginia Society of CPAs (VSCPA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBARegistry.org.

For more information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call (800) 733-8272.