Hedge Accounting for treasury
applying IFRS 9
  • Financial disclosure and Universal Registration Document - Present half-yearly and annual financial reports, quarter ly information, and segment information. Know the content and be able to read the Registration Document
  • Financial instruments and hedging tools - Be familiar with financial instruments and hedging tools (fair value hedge /cash flow hedge, titirisation, credit derivatives, hybrid debt)
  • Financial markets securities and cost of funds - Concepts of interest, yield rate, liquidity, inflation, capitalization, discounting, compound interest calculation, actuarial calculations
  • Financial risks: counterparty, liquidity, interest rates, exchange rates, marketable securities - Analysis, valuation, risk mapping and hedging strategy: - Counterparty risk: financial analysis and control of rating practices (internal, external) - Liquidity risk: ALM and group cash flow forecast - Interest rate risk: fixed and floating rate debt, bond issues - Foreign exchange risk: exports, imports, hedging, forward - Securities risk: dividends, acquisition and disposal of securities, trading room - Project & investment related risk Managing the identification and valuation of financial and non-financial risks
  • IFRS standards - International Financial Reporting Standards

Target audience

- Treasurers

1 day

Prerequiqites

It is recommended to have a good understanding of the main financial instruments and in particular of derivatives (forwards, swaps, options…).

Objectives

– Be able to implement hedge accounting under IFRS 9
– Understand the issues around financial communication with a focus on financial disclosures
– Understand the internal control issues and impacts on information systems and processes

Detailed content

> Hedge accounting under IFRS 9

– The reasons for implementing hedge accounting
– The accounting mechanisms: principle and practical applications
• Fair Value Hedge (FVH)
• Cash Flow Hedge (CFH)
• Net Investment Hedge (NIH)
• Cases studies

> The conditions to apply hedge accounting under IFRS 9

– Accepted hedging transactions under IFRS 9 and other types of transactions
– Hedging effectiveness
– Disqualifying a hedge relationship and consequences
– Rebalancing

> Special case: foreign exchange hedge, the various models available under IFRS 9. Choices open to companies, dealing with forward points and time value.

> Commodity hedging: what IFRS 9 changes

> Debt hedging

– Accounting for debt under IFRS
– Implementing hedge accounting (interest rate, foreign exchange and
pre-hedge)

> Information to be provided in financial statement footnotes in the financial instruments section (IFRS 7)

Why you should attend?

Implementing hedges falls under the responsibility of Treasury, which is also involved in their accounting, as accountants may not always have a sufficient understanding of the derivative financial instruments and hedging strategies being implemented.
This training allows Treasurers to develop and broaden their skills in hedge accounting, including its most recent evolutions and improve communication with the accounting department.

Training methods and assessment

Technical developments explained with numerous case studies and illustrated by actual financial statement. A final quiz allows to validate knowledge acquisition.
Assessment questionnaire.
A training certificate is delivered at the end of the session.

The trainer is available by e-mail and telephone to answer any follow-up questions participants may have.

Price

1 020 € Excl. VAT – 1 224 € Incl.VAT

Médias

illustration poule bureau

Témoignages

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Jonathan C.
Entreprise
Formation

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