Seminár

Hedge accounting under IFRS

The training explains mechanics of hedge accounting as prescribed by IFRS 9 with focus on two most common type of hedges – fair value and cash flow hedge. It covers all main hedge accounting requirements and discusses their relevance for accounting practice. Comprehensive examples are focused on interest rate risk which is typical of financial institutions. They also include documentation and testing of hedge effectiveness. 

Training alternative: 

  • possibility to focus only on IAS 39 requirements (for entities using the option in IFRS 9 that IAS 39 can still be applied for hedge accounting)

Content of the training

  • Reasons for hedge accounting
  • Principles of specific types of hedges – fair value, cash flow and net investment hedges 
  • Hedging instruments and conditions for their eligibility
  • Hedging instruments – rules for time value of options, forward elements and currency basis spreads
  • Hedged items and conditions for their eligibility
  • Hedges of components of hedged items – risk components, cash flow components, nominal amount components
  • Hedges of groups of items including net positions hedges
  • Hedge effectiveness requirements
  • Rebalancing of hedging relationship 
  • Discontinuation of hedge accounting
  • Fair value option for credit risk exposures managed by using credit derivatives
  • Transition from IAS 39 to IFRS 9
  • Disclosures for hedge accounting including disclosure examples 
  • Examples for cash flow hedges of forecast transactions
  • Comprehensive examples for a fair value hedge of a debt instrument with fixed rate and for a cash flow hedge of a loan with a variable rate 

 

After completing the training the participants will understand

  • when the need for hedge accounting arises
  • accounting mechanics of hedge accounting
  • what types of hedges can be used in particular situations
  • restrictions for applying hedge accounting 
  • how hedges are designated in respect of specific risk components of the hedged items 
  • how effectiveness of hedges is assessed - requirements for documentation of hedges
  • disclosures in the area of hedge accounting based on practical examples

Target audience

  • At banks and other financial institutions mainly employees at following departments: accounting, reporting, risk management, treasury, ALM, back office, middle office, controlling, internal audit, financial analyses of IFRS statements of customers 
  • At non-financial companies mainly to employees at following departments: accounting, reporting, risk management, controlling, internal audit  
  • Audit firms
  • Supervisors and enforcers in the area of financial institutions accounting

Časový harmonogram

08:30 – 09:00 registrácia účastníkov
09:00 – 10:30 prednáška
10:30 – 10:45 prestáva
10:45 – 12:00 prednáška
12:00 – 13:00 obed
13:00 – 13:50 prednáška
13:50 – 14:00 prestáva
14:00 – 16:00 prednáška a diskusia

Lektor

Termíny a miesto konania

K tomuto semináru nie sú v súčasnej dobe vypísané žiadne termíny. O novo vypísaných termínoch Vám radi napíšeme, pokiaľ nám necháte kontakt.

Školenie vám vieme pripraviť na mieru aj pre vašich zamestnancov a kolegov. Kontaktujte nás telefonicky na 0910 343 747 alebo e-mailom na zuzana.cmorejova@dashofer.sk.

Organizačné pokyny a faktúru vám pošleme pred termínom konania. Ceny sú uvedené bez DPH. S obchodnými podmienkami sa môžete oboznámiť tu.

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