Published: September, 2022
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:
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.
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.
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.