Accounting for International Operations - Part 3 | CPE Online

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Accounting for International Operations - Part 3 Webinar

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Live Webinar

$149

CPE Credits: 2.5 Hours
Overview

International operations involve a level of complexity that accounting professionals must understand. This third part of the Accounting for International Operations series guides you with derivatives and hedging transactions. This webinar provides a practical review of hedge accounting under US GAAP, including the latest FASB developments, valuation considerations, and financial statement reporting requirements. Participants will gain a clearer understanding of:

  • Fair value hedges
  • Cash flow hedges
  • Portfolio layer methods
  • Credit and nonperformance risk considerations
Objective

To provide a comprehensive review of accounting and reporting for derivative instruments and hedging activities under ASC 815. It also aims to help participants examine recent updates in hedge accounting guidance and effectiveness, valuation techniques, financial statement presentation, and disclosure considerations through examples. 

Emphasis
  • Recent FASB guidance affecting hedge accounting
    – Including ASU 2017-12 and ASU 2022-01
  • Derivatives and hedging
  • Types of hedges under GAAP
  • Fair value and cash flow hedge accounting requirements under ASC 815
  • Valuation considerations
    – Credit/non-performance risk
    – Liquidity
    – Model
    – Location
  • Hedge effectiveness, documentation, and termination requirements
  • Financial statement presentation, disclosures, and reporting examples 

Available Formats:

Live Webinar

$149

CPE Credits: 2.5 Hours

This course is included in the following subscriptions:

Valid Subscriptions:
Not available
Anytime Subscription
Self-Study Subscription
Combo Subscription
Evening/Weekend Subscription

Need more than one course? Upgrade to a subscription and save.

View Subscriptions
Prerequisite
Working knowledge of US GAAP rules
Level of Knowledge
Intermediate
CPE Credits
2.5 Hours
NASBA Field of Study
Accounting
Title
CPE Subscriptions: A Better CPE Experience
  • Earn all your credits in one place--no more separate providers.  We're your one-stop-shop to complete your CPE requirements fast.
  • General & state-specific ethics courses are included at no additional cost.  (When we say in one place, we mean it!)
  • Convenience meets flexibility with CPE Subscription options that align with your schedule, no matter how busy you are. 

 

Accounting for International Operations - Part 3 Self-Study Webinar

share icon
Link Copied!

Available Formats:

Self-Study

$149

CPE Credits: 3.5 Hours
Overview

International operations involve a level of complexity that accounting professionals must understand. This third part of the Accounting for International Operations series guides you with derivatives and hedging transactions. This self-study webinar provides a practical review of hedge accounting under US GAAP, including the latest FASB developments, valuation considerations, and financial statement reporting requirements. Participants will gain a clearer understanding of:

  • Fair value hedges
  • Cash flow hedges
  • Portfolio layer methods
  • Credit and nonperformance risk considerations
Objective

To provide a comprehensive review of accounting and reporting for derivative instruments and hedging activities under ASC 815. It also aims to help participants examine recent updates in hedge accounting guidance and effectiveness, valuation techniques, financial statement presentation, and disclosure considerations through examples. 

 

DETAILED LEARNING OBJECTIVES

• Describe the objectives and scope of hedge accounting under ASC 815

• Explain the significant changes introduced by ASU 2017-12 and ASU 2022-01

• Identify the types of risks that qualify for hedge accounting

• Distinguish between fair value hedges and cash flow hedges

• Identify items that may qualify as hedged items and hedging instruments

• Explain the accounting treatment for fair value hedges

• Explain the accounting treatment for cash flow hedges

• Describe how gains and losses on qualifying hedges are recognized in the financial statements

• Identify the documentation requirements necessary to qualify for hedge accounting

• Explain how hedge effectiveness is assessed under ASC 815

• Describe the shortcut method and when it may be applied

• Explain the Portfolio Layer Method and its application to closed portfolios

• Describe the valuation considerations for derivative instruments, including credit and non-performance risk

• Identify the accounting treatment for amounts recognized in other comprehensive income related to cash flow hedges

• Recognize the role of hedge accounting in managing interest rate, foreign currency, and other financial risks

Emphasis
  • Recent FASB guidance affecting hedge accounting
    – Including ASU 2017-12 and ASU 2022-01
  • Derivatives and hedging
  • Types of hedges under GAAP
  • Fair value and cash flow hedge accounting requirements under ASC 815
  • Valuation considerations
    – Credit/non-performance risk
    – Liquidity
    – Model
    – Location
  • Hedge effectiveness, documentation, and termination requirements
  • Financial statement presentation, disclosures, and reporting examples 

Available Formats:

Self-Study

$149

CPE Credits: 3.5 Hours

This course is included in the following subscriptions:

Valid Subscriptions:
Not available
Anytime Subscription
Self-Study Subscription
Combo Subscription
Evening/Weekend Subscription

Need more than one course? Upgrade to a subscription and save.

View Subscriptions
Prerequisite
Working knowledge of US GAAP rules
Level of Knowledge
Intermediate
CPE Credits
3.5 Hours
NASBA Field of Study
Accounting
Title
CPE Subscriptions: A Better CPE Experience
  • Earn all your credits in one place--no more separate providers.  We're your one-stop-shop to complete your CPE requirements fast.
  • General & state-specific ethics courses are included at no additional cost.  (When we say in one place, we mean it!)
  • Convenience meets flexibility with CPE Subscription options that align with your schedule, no matter how busy you are.