In a world of volatile commodity prices and unpredictable financial markets, effective risk management is crucial. Hedging programs have become a top priority for business leaders seeking to protect their financial returns. However, the accounting can be complex and difficult to navigate.
During this webcast, we will delve into derivatives and hedge accounting and provide a refresher of the accounting standards. We will discuss the updates to Accounting Standards Update (ASU) No. 2017-12, Derivatives and Hedging (Topic 815), designed to make it easier for companies to leverage hedge accounting when developing their programs.
We recently surveyed companies to better understand how they are leveraging hedge accounting to mitigate risk and reduce income statement volatility. In this webcast, we will discuss the findings and provide additional insights.
Topics covered in this webcast include:
- Gaining an understanding of hedge accounting and derivatives valuation market insights
- Providing an overview of ASU 2017-12
- Gaining an understanding of practical actions for derivatives and hedge accounting, particularly for first-time users