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Introduction to Hedge Accounting

  • Accountant
  • CPA/ABV
  • CPA/CFF
  • CFE
  • CGFM
  • CIA
  • CMA
  • CPA (US)
  • CVA
  • CFA
  • IAP
  • QIAL
  • CIPM
  • CBA/MCBA
  • FPAC
  • CFIRS
  • CWS
  • Course Description
  • Course Qualification
  • Presenter
  • FAQ

Course Description

Course Description

Derivatives serve as an effective method to hedge risk for individuals and business entities. Most of them are choosing not to take an advantage of them, just because of the complex rules of accounting. There are many advantages such as reducing their exposure to interest rates, currency exchange, and general market risks that they encounter in running their businesses. 

This CPE webinar will provide a high-level overview of the main areas of hedge accounting. The webinar will discuss the advantages and disadvantages of hedge accounting, hedged risks, and relevant documentation needed for reporting under ASC 815.

This Online CPE Course is designed for the financial professional who needs an overview or refresher on derivatives accounting, this webinar focuses on the building blocks of this complex financial reporting topic. From a review of the most commonly used derivatives to a thorough explanation of hedge accounting,

Key topics covered in this online Accounting CPE webinar:

  • The basic characteristics of forwards, options, swaps, and other derivatives
  • The effects of fair value, cash flow, and FX hedge accounting on financial statements
  • Topics that arise out of hedge accounting, including documentation, effectiveness testing, and measurement
  • Series of case studies and real-world examples to illustrate key concepts

Learning Objectives

  • To explore the basics of hedge accounting
  • To recognize the broader financial statement impacts of hedge accounting
  • To appreciate the documentation required for hedge accounting

Recommended For

This CPE course is recommended for CPAs, CMAs, CIAs, CVAs, CFAs, and Other Accounting and Finance Professionals desiring to learn about hedge accounting.

Who Should Attend?

  • Accountant
  • Accounting and audit managers/practitioners
  • Accounting Firm
  • Accounting Managers
  • Accounting Practice Owners
  • Auditors
  • Bookkeepers & Accountants & Tax Preparers
  • Certified Fraud Examiner
  • Certified Management Accountant (CMA)
  • Certified Public Accountant (CPA)
  • Certified Valuation Analysts
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Senior Accountant
  • Staff of Accounting Firm
  • Young CPA

Course Qualification

Webinar Qualifies For

  • 1 CPE Credit for Qualification in Internal Audit Leadership (QIAL)
  • 1 CPE Credit for Internal Audit Practitioner (IAP)
  • 1 PL Credit for Chartered Financial Analyst (CFA)
  • 1 CPE Credit for Certified Valuation Analyst (CVA)
  • 1 CPE Credit of Accounting for Certified Public Accountants (CPA-US)
  • 1 CPE Credit for Certified Management Accountants (CMA)
  • 1 CPE Credit for Certified Internal Auditors (CIA)
  • 1 CPD Credit for Accredited in Business Valuation (ABV)
  • 1 CPE Credit for Certified Business Appraiser/Master Certified Business Appraiser (CBA/MCBA)
  • 1 CE Credit for Certified Fiduciary & Investment Risk Specialist (CFIRS)
  • 1 CE Credit for Certified Wealth Strategist (CWS)
  • 1 General Credit for Accountant/Bookkeeper/Tax Professionals
  • 1 CPE Credit for Certified Fraud Examiner (CFE)
  • 1 CPE Credit for Certified Government Financial Manager (CGFM)
  • 1 CPD Credit for Certified Financial Forensics (CFF)
  • 1 PL Credit for Certificate In Investment Performance Measurement (CIPM)
  • 1 CRE Credit for Certified Corporate FP&A Professional (FPAC)

Additional details

  • Course Level :
    Basic
  • Credits :
    1
  • Instructional Method :
    Group Internet Based
  • Pre-requisites :
    None
  • Advance Preparation :
    None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) 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: www.NASBARegistry.org.

Presenter

About Presenter

Craig Haymaker

Chief Operating Officer, HedgeStar

Mr. Haymaker is Chief Operating Officer of HedgeStar where he oversees the risk management consulting, hedge accounting and valuation groups.  He is a subject matter expert in financial reporting and accounting for debt, equities, derivatives and other financial instruments. Mr. Haymaker has over 11 years of audit, professional accounting, and risk management experience.  Mr. Haymaker has held positions with top companies including Deloitte & Touche LLP (Boston), Liberty Mutual Group (Boston) and U.S. Bank (Minneapolis) with a focus on treasury departments, capital markets and risk functions. 

 Mr. Haymaker is also an Events Committee Chair and Steering Committee Member for the Professional Risk Managers’ International Association (PRMIA) in Minneapolis.

 Mr. Haymaker holds a Bachelor of Business Administration degree in Accounting from Stonehill College, and earned his CPA accreditation in 2010.


About Company

HedgeStar

www.hedgestar.com

Founded in 2004, HedgeStar delivers risk management consulting, derivative valuation and hedge accounting services, with a focus on providing transparency for financial reporting and hedge performance optimization. We are experts in FASB, GASB and IFRS standards related to accounting for derivatives and fair value measurements. Our global clients include public and private corporations, real estate trusts, accounting firms, law firms, healthcare organizations, educational institutions, and governmental entities. 

The HedgeStar team is comprised of valuation experts, Certified Public Accountants (CPAs), and hedging program professionals. We deliver our services with a personal touch. We understand our clients and their portfolios and are an extension of their risk, finance and accounting departments. We strive to live by our core values everyday. 

Faq

FAQs content

  • To receive Continuing Education credit for the event, you must register for the webcast prior to the start of each program.
  • Continuing Education Credit Certificate is available to all eligible participants within 24 hours of each webinar.
  • You must attend complete live webinar and respond to all polling questions asked during the webinar. Credits would be issued on 50 minute credit hour basis.
  • Polling feature Not supported: If you are logging in through browser or web portal in the browser (zoom.us) it doesn’t support the polling feature. Please be advised the current polling feature can only be supported via Zoom desktop and mobile app. You can check the same here : https://support.zoom.us/hc/en-us/articles/203749865-Polling-for-webinars
  • This event may be a recorded rebroadcast of a live event done in past and the instructor will be available to answer your questions during/after the webinar.
  • If you still face the polling problem please don’t panic and provide your response in the chat and we shall consider the same for processing for credits. You can download Zoom by clicking on the mentioned link : https://zoom.us/download
  • Our courses meet the global Continuing Professional Development (CPD-IES7) Standard for Chartered Accountants with International Education Standard 7 (IES 7) set by The International Federation of Accountants (IFAC), the International Accounting Education Standards Board (IAESB) and the Association of Chartered Certified Accountants (ACCA). Based on our accreditation by existing IFAC members and affiliates, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • You can manage your continuing education certificates and credits through your certificate dashboard which is available when you are logged in to your account (LOGIN)
  • As an accredited provider of Continuing Professional Education in the United States, myCPE online learning platform, courses, and webinars meet the requirements set forth by the Institute of Management Accountants (IMA), an IFAC Member Organization, as well as the National State Boards of Accountancy (NASBA) and the Institute of Internal Auditors (IIA), both IFAC Affiliates. As well as it has been approved by NASBA, Internal Revenue Service (IRS), Certified Financial Planner Board (CFP Board), California Tax Education Council (CTEC), Society of Human Resource Professional (SHRM), Human Resource Certification Institute (HRCI) and many more.Therefore, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable continuing education requirement as CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • myCPE Courses are taken by : CPA | CMA | CFE | CIA | CPA(Yellow Book)| CFP | CFA | CPA (Govt.) | EA | CRTP | MRTP | ORTP | ABV | CITP | CVA | PFS | CFF and others.

Ratings and Review

4.5

305 Ratings

Excellent

163

Very Good

120

Average

20

Poor

2

Terrible

0

LW

Lauren Walson, CFE, CPA (US)

May 19th, 2021

This is probably one of the first trainings that I was really into. It was easy to understand and I thought the instructors did a good job providing explanations. I would love to see a training around Crypto (I am not sure if you can even hedge against it).

PWF

Peter W Fierro, CPA (US)

May 18th, 2021

More programs should be like this. As noted in the presenter's (lengthy) preamble, many programs are too basic, and more content could be included. This program had far more material than most - but still not too much.

DL

Diane Larkin

Sep 3rd, 2021

this course was very well organized.....only thing I would do is add some examples with $$$ for an additional visual presentation.

BN

Brian Napp, CPA (US)

Aug 10th, 2021

Would recommend making this a 1.5 or 2 hour course so the instructor has more time to go into detail.

EA

Emily Albertelli, CPA (US)

Jun 10th, 2021

Good webcast, the instructor is clearly an expert in this field

Introduction to Hedge Accounting

PREMIUM

1 Credit

Subject Area

Accounting

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