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What Futures Professionals Need to Know about Accounting for Derivatives

Bright Ideas - An IFM Timely Topic is a special educational presentation.
For dates and locations click here.

Whether in connection with interest rate, FX or commodity price risk -- qualifying for special hedge accounting is critical. Futures professionals seeking to expand their client base to such customers need to understand how to accommodate to this concern.

Seminar: This half-day session will clarify the underlying issues, explain the relevant accounting rules, and highlight the competitive issues that are relevant to futures sales professionals, who necessarily will be competing for business with purveyors of over-the-counter derivatives. Topics covered include:
  • What is hedge accounting and why is it important?
  • Alternative accounting for different kinds of exposures
    • Cash flow hedges
    • Fair Value hedges
    • Hedges of net investments in foreign operations
  • Hedge accounting prerequisites
    • Qualifying exposures
    • Effectiveness testing
    • Effectiveness measurement
  • Market-specific concerns
    • Interest rates
    • Foreign exchange
    • Commodity prices
  • OTC vs. exchange-traded derivatives: accessing the pros and cons relating to accounting considerations

Class Size: Registration is limited to approximately 15 attendees to promote an interactive educational experience.

Who should attend: FCMs, Futures Professionals and Commercial Hedgers.

Cost: $300 per person. Save $25 and attend for only $275 by registering before November 15, 2004. The seminar fee includes a course handbook and complimentary refreshments.

To Register: online click here or contact the Institute at 202.223.1528, or via email info@theIFM.org.