Surgent's Understanding Derivatives and Hedge Accounting: A Simplified Guide for CPAs
May 1st, 2025 - April 30th, 2026 @ -
| Member Price | $49 |
| Non-Member Price | $79 |
| If you are a member, please login to activate member pricing. | |
Credits
2Description
This course provides CPAs with a comprehensive understanding of derivatives and hedging in financial management. Participants will explore the fundamentals of derivatives, their strategic role in risk management, and the differences between hedge accounting and traditional accounting methods. The course specifically covers fair value, cash flow, and net investment hedges, and discusses their practical applications. This course also addresses hedge accounting, including designation, documentation, and effectiveness testing.Objectives
- Identify derivatives' strategic role in financial risk management
- Recognize differences between hedge accounting and traditional methods
- Distinguish fair value, cash flow, and net investment hedges in practice
- Determine key steps in hedge accounting: designation, documentation, and effectiveness testing
- Diffenentiate how fair value, cash flow, and net investment hedges mitigate financial risks
Major Subjects
- Common types of derivatives
- Hedging vs. Speculation
- Market risk, credit risk, liquidity risk