Accounting for Derivatives in Practice under IFRS9
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Another very much nicely exhibited course from an industry professional. Keep it up.
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The 3-day Accounting in Practice class gave me all the learning to confront IFRS 9 execution in my organization.
← | →
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Juan Ramirez conveyed an exhaustive prologue to Hedge Accounting issues under IFRS9. His coaching was extremely involved with a decent number of cases from real life.
← | →
Short course
In Singapore (Singapore) and London
Get a deep understanding of derivatives!
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Type
Short course
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Location
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Duration
2 Days
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Start date
Different dates available
This programme will give you a deep understanding of derivatives accounting and the application of hedge accounting for the interest rate, inflation and FX markets. Learning is based on an intense use of real cases, applying IFRS9 step by step. The new requirements are contrasted with IAS 39 where needed, with detailed discussions on the implementation of new rules.
Case studies and workshops simulate real life client discussions, and cover the decision making, documentation requirements, hedge effectiveness assessment and the accounting entries of a hedging strategy during its life.
This course is also available remotely via LFS Live.
Facilities
Location
Start date
Start date
Start date
About this course
Derivatives structurers and salespeople
Derivatives accountants
Financial managers
Treasurers
Derivatives middle-office
Stock analysts
Basic understanding of financial statements
Derivatives instruments: forwards, calls, puts and interest rate swaps (basic level)
Reviews
-
Another very much nicely exhibited course from an industry professional. Keep it up.
← | →
-
The 3-day Accounting in Practice class gave me all the learning to confront IFRS 9 execution in my organization.
← | →
-
Juan Ramirez conveyed an exhaustive prologue to Hedge Accounting issues under IFRS9. His coaching was extremely involved with a decent number of cases from real life.
← | →
Course rating
Recommended
Centre rating
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This centre's achievements
All courses are up to date
The average rating is higher than 3.7
More than 50 reviews in the last 12 months
This centre has featured on Emagister for 16 years
Subjects
- IAS
- IFRS
- IT risk
- Risk
- Accounting
- Chronology
- Investment
- Financial liabilities
- Financial Assets
- Interest
- Macrohedging
- Hedging
- Hybrid Instruments
- Cash Flow
- Derivatives
Teachers and trainers (1)
Juan Ramirez
Teacher
Juan Ramirez is a senior professional at one of the big 4 auditing firms with first-hand experience on providing accounting advice on specific complex financial instruments and transactions, primarily related to (de)recognition, consolidation and hedging. Previously, he was responsible for the marketing of strategic equity derivatives to corporate and banking clients at BNP Paribas in London. Juan is the author of “Accounting for Derivatives” and “Handbook of Corporate Derivatives and Equity Capital Markets” books, both published by Wiley.
Course programme
Accounting for FX derivatives
Conceptual Framework
- Introduction to IFRS 9
- Interaction with other IFRS standards
Introduction to FX transactions
- Types of FX exposures
- Functional currency vs. presentation currency
- Chronology of a FX transaction
Workshop: Philips Hedging a highly expected foreign sale
- Identification of the FX exposure
- Applying hedge accounting hedging with an FX forward
- Applying hedge accounting hedging with an option
- Applying hedge accounting hedging with a tunnel
- Applying hedge accounting hedging with a knock in forward
Case Study: Hedging a highly expected foreign purchase
- Identification of the FX exposure
- Applying hedge accounting hedging with an FX forward
Case Study: Net investment hedge – France Telecom and Everything Everywhere
- Translation of foreign operations
- Identification of the FX exposure
- Applying hedge accounting hedging with a cross currency swap
- Applying hedge accounting hedging with foreign debt
Short case studies: Special FX situations
- Intercompany FX hedging hedge accounting challenges
- Dual hedging using a single derivative
Day Two
Accounting for Interest Rate Derivatives
Workshop: Hedging a floating rate liability – Cash flow hedge
- Financial assets classification under IFRS 9. Comparison to IAS 39
- Financial liabilities classification and the fair value option
- Accounting for floating rate bonds – the effective interest rate
- Applying cash flow hedge for a fixed to floating interest rate swap
- Hedge accounting documentation and hedge effectiveness assessments
- Accounting entries
Workshop: Hedging a future issuance of a fixed rate liability
- Case background and hedging strategy
- Hedge accounting documentation and hedge effectiveness assessments
- Accounting entries
Workshop: Hedging a fixed rate liability
- Accounting for fixed rate bonds
- Applying fair value hedge for a floating to fixed interest rate swap
- Hedge accounting documentation and hedge effectiveness assessments
- Accounting entries
Case study: Hedging inflation risk
- IAS 39 vs. IFRS 9 guidelines on inflation risk hedging
- The challenge of hedging inflation linked revenues
Case study: Macrohedging (under IAS 39)
- Explanation of the objectives
- Steps to its application and its weaknesses under IAS 39
- IFRS 9 macrohedging project
Other topics
- Hedging credit risk
- Hybrid instruments
Accounting for Derivatives in Practice under IFRS9