Learning outcomes

What will you learn?

Key principles and concepts of hedge accounting under IFRS.

How to apply hedge accounting for fair value hedges, cash flow hedges, and portfolio hedges of interest rate risk.

Assessing hedge effectiveness and measuring changes in fair value of hedged items and hedging instruments.

Designation, documentation, and risk management procedures in hedge accounting.

Practical examples and case studies illustrating real-world applications.

Participants

Who is this course designed for?

Accountants and finance professionals seeking advanced knowledge in IFRS hedge accounting.

Auditors and analysts responsible for evaluating financial statements and compliance with IFRS.

CFOs, treasurers, and financial controllers managing financial risks and reporting in multinational companies.

Consultants and advisors assisting clients with hedge accounting implementation.

Pre-requisites

Necessary Qualifications

A background in accounting, finance, or business administration.

Basic understanding of financial statements and accounting principles.

Experience in financial reporting or audit is recommended.

Familiarity with IFRS or national accounting standards is beneficial but not mandatory.

Course Content

What will you study?

Overview of hedge accounting and types of hedges under IFRS.

Fair value hedge accounting and cash flow hedge accounting.

Portfolio hedges of interest rate risk and treatment of prepayable items.

Measuring hedge effectiveness and recognising ineffectiveness.

Designation, documentation, and periodic rebalancing of hedged items.

Transition, initial recognition, and amendments related to IFRS hedge accounting.